Wm stock price forecast market momentum studies show RSI levels

Market momentum studies show RSI levels approaching 70, consistent with an overbought tone, yet analysts continue to maintain a bullish "WM stock price forecast" given the macro tailwinds. Waste Management (WM) shares edged up about 1% in recent trading, catching the attention of investors curious about the stock’s performance over the past month. The company’s stock has held relatively steady even as broader market dynamics have shifted. | Analyst | Analyst Firm | Action Taken | Rating |Current Price Target| Prior Price Target | |--------------------|--------------------|---------------|-----------------|--------------------|--------------------| |Jon Windham |UBS |Raises |Neutral | $240.00|$230.00 | |Konark Gupta |Scotiabank |Raises |Sector Outperform| $260.00|$255.00 | |Kevin Chiang |CIBC |Raises |Neutral | $247.00|$227.00 | |Bryan Burgmeier |Citigroup |Raises |Buy | $255.00|$242.00 | |Konark Gupta |Scotiabank |Raises |Sector Outperform| $255.00|$250.00 | |Noah Kaye |Oppenheimer |Raises |Outperform | $237.00|$231.00 | |Patrick Tyler Brown |Raymond James |Raises |Outperform | $237.00|$235.00 | |Jeffrey Goldstein |Morgan Stanley |Raises |Equal-Weight | $235.00|$227.00 | |Konark Gupta |Scotiabank |Raises |Sector Outperform| $250.00|$225.00 | |Stephanie Moore |Jefferies |Lowers |Buy | $238.00|$255.00 | Recent market sentiment around the "WM stock price forecast" reflects institutional buying, driven by stronger recycling commodity prices. Analysts suggest the upcoming earnings call could be a catalyst for a breakout beyond $205 if net income beats expectations.