Reported about 13 hours ago
Stifel has started coverage on Waste Management, Inc. (NYSE:WM) with a Buy rating and a price target of $252. The firm anticipates strong free cash flow growth in the upcoming years, driven by recycling initiatives and synergies from the acquisition of Stericycle. Waste Management's strategy focuses on delivering consistent shareholder returns through share buybacks and is recognized as one of the best non-tech stocks, despite some analysts suggesting that certain AI stocks may offer better investment potential.
Source: YAHOO