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Casella Waste Systems Share Prices Exceed Analyst Targets

Casella Waste Systems, Inc. (CWST) shares have surpassed the average analyst target price of $114.12, trading at $115.01. Investors are urged to evaluate whether this trend will continue or if it's time to rethink their positions.

Date: 
AI Rating:   7

Stock Price Performance and Analyst Sentiments

Casella Waste Systems, Inc. (CWST) has recently exceeded the average analyst 12-month target price, trading at $115.01 while the average target stands at $114.12. This situation presents a pivotal moment for investors as they consider the implication of this surge on stock valuations.

Analysts have expressed various sentiments, with some demonstrating optimism while others exhibit caution. There are six strong buy ratings, indicating strong confidence in the stock, while two hold ratings suggest a more conservative outlook. Additionally, one sell rating shows that not all analysts are bullish.

The average rating is at 1.78, which translates to a positive outlook, suggesting that most analysts still favor purchasing the stock. However, with the standard deviation being $9.387, there is a notable disparity in targets, with the lowest set at $102.00 and the highest at $127.00. This wide range highlights differing expectations among analysts regarding future stock performance.

Since CWST has crossed the average target price, investors might consider adjusting their positions. The decision to hold, buy more, or sell should be influenced by each investor's assessment of whether the stock's current valuation is sustainable or if it has become overly inflated.