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WM
221.87
-1.74%
15 days ago
Waste Management Reports Strong Q3 Earnings and Price Target Increase
⏺ WM's price target increase to $220 reflects growing confidence in its financial health and market position.
⏺ The earnings per share of $1.96 indicates a solid growth trajectory, especially compared to last year's $1.63.
⏺ With a market cap of $87.16 billion, WM is well-positioned in the waste management sector, which is crucial for long-term stability.
⏺ The recent pricing of $5.2 billion in senior notes suggests WM is leveraging its strong market position to fund future growth initiatives.
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