KeyBanc Lowers Price Target for Advanced Drainage …
From Financial Modeling Prep: 2024-11-12 07:28:00
KeyBanc analysts lowered price target for Advanced Drainage Systems (NYSE:WMS) to $180 from $195, maintaining an Overweight rating post fiscal Q2 2025 earnings report. Challenges in non-residential markets and margin pressures were highlighted, with higher input costs impacting margins more than top-line pricing. Investors are advised to view current share price dip as a buying opportunity due to strong material conversion foundation and potential long-term margin growth.
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