Morgan Stanley Maintains a Buy Rating on Waste Connections (WCN)
In a report released today, Jeffrey Goldstein from Morgan Stanley maintained a Buy rating on Waste Connections (WCN), with a price target of $120.00. The company’s shares closed last Wednesday at $102.73.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Waste Connections with a $116.75 average price target.
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The company has a one-year high of $111.04 and a one-year low of $70.87. Currently, Waste Connections has an average volume of 793K.
Based on the recent corporate insider activity of 150 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WCN in relation to earlier this year.
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Waste Connections, Inc. engages in the provision of solid waste services. Its services include waste collection, transfer, disposal, treatment and recycling. It also provides non-hazardous exploration and production, waste treatment, recovery and disposal services. The company was founded by Ronald J. Mittelstaedt on September 9, 1997 and is headquartered in Vaughan, Canada.