Market Overview

UPDATE: KeyBanc Capital Markets Initiates Waste Management at Hold on Waste Recovery Visibility

Share:
Related WM
Stifel Ups 2015 Estimates For Waste Management
Imperial Capital Reiterates Outperform, Raises Price Target On Waste Management Following Another Healthy Operational Quarter
A Look At Republic Services' Capital Allocation (Seeking Alpha)

KeyBanc Capital Markets initiated coverage on Waste Management (NYSE: WM) with a Hold rating.

KeyBanc Capital Markets commented, "While utilizing the largest footprint in collection, disposal and recycling likely offers WM a strategic advantage in garnering national accounts, we believe WM's exposure tends to be in larger markets in which it may have lower share in some markets vs. peers. Therefore, even though WM is the largest and often a pricing leader, market placement and potential share could foster a modest headwind, and may explain the 70 bps shortfall in annual price realized relative to the peer group average (2004-2011)."

Waste Management closed at $32.08 on Tuesday.

Latest Ratings for WM

DateFirmActionFromTo
Feb 2015Stifel NicolausDowngradesBuyHold
Feb 2015Imperial CapitalDowngradesOutperformIn-line
Sep 2014WedbushUpgradesNeutralOutperform

View More Analyst Ratings for WM
View the Latest Analyst Ratings

Posted-In: KeyBanc Capital MarketsAnalyst Color Initiation Pre-Market Outlook Analyst Ratings

 

Related Articles (WM)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→