From Yahoo Finance: 2025-06-16 10:50:00

Melius Research initiated stock coverage of Waste Management Inc. (NYSE:WM) with a ‘Buy’ rating and $263 price target, citing short- and long-term performance expectations. The company’s competitive edge lies in strong pricing power and contractual agreements, leading to a strong start in 2025 with first-quarter results exceeding expectations. Waste Management provides environmental solutions to various customers, offering collection services for waste and recyclable materials. While Waste Management shows growth potential, some AI stocks may offer greater upside potential and less downside risk.

Read more: Melius Research Initiates Waste Management Coverage with Buy Rating and $263 Target