Where is Waste Management (WM) Headed According to Analysts?

Waste Management, Inc. (NYSE:WM) is one of the best waste management stocks to buy right now. In a report released on August 21, David Manthey from Robert W. Baird maintained a Hold rating on Waste Management, Inc. (NYSE:WM), setting a price target of $265.00.

"Yeah, These Are Timeless." – Jim Cramer Calls Waste Management, Inc. (WM) a Forever Stock

On July 31, Scotiabank raised the firm’s price target on Waste Management, Inc. (NYSE:WM) to $275 from $265 while keeping an Outperform rating on the shares.

The firm told investors that despite headwinds, Waste Management, Inc. (NYSE:WM) reported better than expected Q2 results and management improved its FY25 outlook.

Similarly, Oppenheimer raised the firm’s price target on Waste Management, Inc. (NYSE:WM) to $265 from $260 on July 30, keeping an Outperform rating on the shares.

Waste Management, Inc. (NYSE:WM) provides waste management environmental services. Its operations are divided into the following segments: Collection and Disposal-East Tier (East Tier), Collection and Disposal-West Tier (West Tier), Recycling Processing and Sales, WM Renewable Energy, and VM Healthcare Solutions.

While we acknowledge the potential of WM 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 WM 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.