Waste Management (WM) Tops Q4 EPS by 3c; Plans Dividend Hike

Go back to Waste Management (WM) Tops Q4 EPS by 3c; Plans Dividend Hike

Wedbush Raised Price Target on Waste Management (WM) to $60 as EPS Beat was Offset by Expenses

February 22, 2016 8:12 AM EST

Wedbush maintained an Outperform rating on Waste Management (NYSE: WM), and raised the price target to $60.00 (from $58.00), following the company's 4Q earnings report. 4Q EPS beat consensus estimate by $0.01 on better-than-expected operating margin, partially offset by select non-operating expenses. 4Q net revenue was short but... More