Barclays lowered the firm’s price target on Advanced Drainage (WMS) to $149 from $160 and keeps an Overweight rating on the shares. The company’s in-line fisacal Q3 results leave the thesis intact, the analyst tells investors in a research note. The firm expects pricing remains a very modest headwind near term, while Advanced Drainage outperforms on volume.
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Read More on WMS:
- Advanced Drainage Systems Reports Q3 Fiscal 2025 Results
- Advanced Drainage Systems Reports Q3 2024 Financial Results
- Advanced Drainage reports Q3 adjusted EPS $1.09, consensus $1.21
- Advanced Drainage backs FY25 revenue view $2.9B-$2.975B, consensus $2.93B
- WMS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
