Where is Casella Waste Systems (CWST) Headed According to Analysts?

Casella Waste Systems, Inc. (NASDAQ:CWST) is one of the best waste management stocks to buy right now. William Blair analyst Trevor Romeo reiterated a bullish stance on Casella Waste Systems, Inc. (NASDAQ:CWST) on August 4, giving the stock a Buy rating.

Casella Waste Systems, Inc. (CWST): Among Stocks Insiders Are Selling In March

The analyst based the optimistic rating on several factors, including the leadership transition at Casella Waste Systems. He expects the upcoming change in the CEO to be smooth, with Ned Coletta, who has been with the company for more than a decade, set to take over.

Romeo stated that Coletta’s previous roles as CFO and president position him as a well-regarded figure among investors, with his strategic contributions proving significant in leading Casella Waste Systems, Inc. (NASDAQ:CWST) towards financial discipline and growth.

In another report released on August 4, Raymond James lowered the firm’s price target on Casella Waste Systems, Inc. (NASDAQ:CWST) to $125 from $129 while keeping a Strong Buy rating on the shares.

The firm told investors in a research note that the company’s ongoing operational improvements and “unique” landfill positioning offer sustainable organic growth and margin opportunities.

Casella Waste Systems, Inc. (NASDAQ:CWST) provides solid waste management services. Its operations are divided into the following segments: Eastern, Western, Mid-Atlantic, and Resource Solutions.

While we acknowledge the potential of CWST to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CWST and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.