Waste Connections Inc. (WCN) PT Raised to $161 at Jefferies

April 22, 2022 7:54 AM EDT
Get Alerts WCN Hot Sheet
Price: $125.32 +1.10%

Rating Summary:
    14 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 4 | Down: 13 | New: 10
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Jefferies analyst Hamzah Mazari raised the price target on Waste Connections Inc. (NYSE: WCN) to $161.00 (from $154.00) while maintaining a Buy rating.

The analyst commented, "Heading into Q1 earnings, we think margin compression on fuel is well telegraphed. Longer term, we remain bullish on sector pricing discipline and further private market consolidation. We remain buyers of WCN, GFL, RSG and neutral on WM (FCF ramp more back-loaded) "

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