Goldman Sachs Downgrades Waste Management (WM) to Neutral
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Price: $212.70 --0%
Rating Summary:
13 Buy, 18 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 1
Rating Summary:
13 Buy, 18 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 1
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Goldman Sachs downgraded Waste Management (NYSE: WM) from Buy to Neutral with a price target of $42.00 citing valuation.
"While we continue to expect a MSW volume recovery through 2015 driven by improving RFI spend and US housing, we are downgrading Waste Management (WM) to Neutral from Buy given we believe shares are fairly valued," the analyst said in the downgrade report.
For an analyst ratings summary and ratings history on Waste Management click here. For more ratings news on Waste Management click here.
Shares of Waste Management closed at $40.14 yesterday.
"While we continue to expect a MSW volume recovery through 2015 driven by improving RFI spend and US housing, we are downgrading Waste Management (WM) to Neutral from Buy given we believe shares are fairly valued," the analyst said in the downgrade report.
For an analyst ratings summary and ratings history on Waste Management click here. For more ratings news on Waste Management click here.
Shares of Waste Management closed at $40.14 yesterday.
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