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.

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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.