Wunderlich Maintains Buy on Waste Connections

Wunderlich is out with its report today on Waste Connections WCN, maintaining Buy. In its report, Wunderlich writes, "We maintain our Buy rating and price target of $38 on shares of Waste Connections. Since 2003, WCN's annual sales and FCF growth has averaged 13.6% and 14.1%, respectively. This exceptional growth comes from a combination of stable organic growth averaging 4% and value accretive deals." At the time of posting, shares of WCN were trading at $32.72, up 0.18% from Tuesday's close.