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Fly News Breaks for August 7, 2019
Aug 7, 2019 | 06:32 EDT
JPMorgan analyst Stephanie Yee started Waste Management (WM) with a Neutral rating and $120 price target. The analyst likes the waste names for their "steady stream of cash flow and defensive quality at this stage in the economic cycle." However, she believes Waste Management shares are already pricing in much of the positives and near-term benefits of the Advanced Disposal Services (ADSW) deal.
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