In recent trading, shares of Advanced Drainage Systems Inc (WMS) rose above the average analyst 12-month target price of $139.50, reaching $140.59 per share. The movement signals a potential reassessment by analysts, who may either downgrade the stock based on valuation or adjust their targets higher due to favorable business developments.
Analysts within the Zacks coverage universe offer varied predictions for WMS, with targets ranging from a low of $102.00 to a high of $166.00 and a standard deviation of $20.156. Currently, ratings indicate 7 strong buys and 1 hold, with no sell or strong sell ratings. The average rating stands at 1.25, where 1 represents a strong buy.
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