Waste Connections (WCN) Declares $0.13 Quarterly Dividend; 1.1% Yield
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Imperial Capital Raises Price Target on Waste Connections (WCN) to $58 Following 2Q Results
July 29, 2015 8:08 AM EDTImperial Capital reiterated an Outperform rating on Waste Connections Inc. (NYSE: WCN), and raised the price target of $58.00 (from $54.00), following 2Q15. WCN reported in-line adjusted EPS of $0.50. Revenue exceeded Imperial's estimates by $1mn. Management affirmed FY15 revenue guidance at $2.11bn.
Analyst Scott Levine commented, "We are maintaining our Outperform rating on WCN shares, and are raising our one-year price target to $58 from $54. Our... More
