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Advanced Drainage price target raised to $115 from $98 at Barclays 06:33 WMS Barclays analyst Matthew Bouley raised the firm's price target on Advanced Drainage Systems to $115 from $98 and keeps an Overweight rating on the shares. The analyst increased fiscal 2021 and 2022 estimates after the company's Q3 results confirmed his confidence in its end-market outperformance and opportunity to expand margins to new highs.
Advanced Drainage price target raised to $115 from $98 at Barclays 06:33 WMS Barclays analyst Matthew Bouley raised the firm's price target on Advanced Drainage Systems to $115 from $98 and keeps an Overweight rating on the shares. The analyst increased fiscal 2021 and 2022 estimates after the company's Q3 results confirmed his confidence in its end-market outperformance and opportunity to expand margins to new highs.
