Waste Connections, Inc. (NYSE:WCN) reported upbeat fourth-quarter financial results on Tuesday.
Waste Connections posted adjusted earnings of $1.11 per share, beating market estimates of $1.09 per share. The company’s quarterly sales came in at $2.04 billion versus expectations of $2.03 billion, according to data from Benzinga Pro.
On Thursday, Waste Connections said it plans to proceed, subject to market and other conditions, to offer senior notes in an underwritten public offering.
Waste Connections shares gained 0.3% to trade at $164.63 on Thursday.
These analysts made changes to their price targets on Waste Connections after the company reported quarterly results.
- RBC Capital boosted the price target on Waste Connections from $169 to $182. RBC Capital analyst Walter Spracklin maintained an Outperform rating.
- BMO Capital increased the price target on Waste Connections from $166 to $178. BMO Capital analyst Devin Dodge maintained an Outperform rating.
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