Top Analyst Initiations: Bullish Waste Management, Underperform Fastenal

Wednesday, Nov 12, 2025 8:57 am ET1min read
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Bernstein analyst Connor Cerniglia initiated coverage on Cintas Corp with a Market Perform rating and a $200 price target. Bernstein also initiated coverage on Waste Management Inc with an Outperform rating and a $255 price target. Canaccord Genuity analyst John Newman initiated coverage on Nuvalent Inc with a Buy rating and a $126 price target. JP Morgan analyst Andre Chang initiated coverage on Atour Lifestyle Holdings Ltd with an Overweight rating and a $57 price target. Bernstein initiated coverage on Fastenal Co with an Underperform rating and a $38 price target.

Top Analyst Initiations: Bullish Waste Management, Underperform Fastenal

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