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Fly News Breaks for February 14, 2020
Feb 14, 2020 | 08:54 EDT
RBC Capital analyst Walter Spracklin raised his price target on Waste Management to $138 and kept his Outperform rating after its Q4 earnings beat. The analyst notes that aside from volatility in recycling and weaker than anticipated volumes, the company's core underlying solid waste trends are "attractive", reflecting the "healthy" industry operating environment. Spracklin adds that he sees potential for "meaningful" 2020 upside relative to the management's outlook.
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