Waste Management's Strong Prospects Earn Outperform Rating from Baird

Tuesday, Nov 11, 2025 11:25 am ET1min read

Waste Management (WM) was upgraded to Outperform by Baird, with a new price target of $242. Despite Q3 adjusted earnings below forecasts, Baird sees solid upside potential for the company, citing its dominant market share and landfill ownership. The company reduced its revenue forecast to $25.275 billion, citing decreases in recycled commodity pricing and lower revenue projections from WM Healthcare Solutions.

Waste Management's Strong Prospects Earn Outperform Rating from Baird

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