TD Cowen Restates 'Buy' Rating and Increases Stake in Waste Connections
What happened
TD Cowen increased its stock holdings and restated a 'buy' rating for Waste Connections on October 16, 2026. Separately, reports detail varied institutional activity regarding Waste Connections. For instance, Manufacturers Life Insurance Company increased its position during the first quarter, while Sustainable Growth Advisers LP cut its holdings by 27.9% in the third quarter.
From dailypolitical.com
Why it matters
The rating change and increased institutional interest from TD Cowen suggest positive sentiment toward Waste Connections. This activity occurs while other major investors, such as BlackRock Inc. and Bank of America Corp DE, have also recently acquired new stakes in the company.
From dailypolitical.com
Who's involved
- TD CowenAmerican investment bank that provided financial ratings and analysis on Waste Connections.
- Waste ConnectionsNorth American integrated waste services company subject to analyst ratings and institutional investment.
- Manufacturers Life Insurance CompanyBusiness that increased its stock holdings in Waste Connections during the first quarter.
- Royal Bank of CanadaFinancial institution in Canada that increased its position in Waste Connections during the first quarter.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Waste ConnectionsSpeculative
Increased institutional interest and analyst buy ratings might affect Waste Connections' market price and valuation.
- Manufacturers Life Insurance CompanySpeculative
The shift in capital allocation might affect Manufacturers Life Insurance Company's investment portfolio revenue.
- Royal Bank of CanadaSpeculative
The shift in capital allocation might affect Royal Bank of Canada's investment portfolio revenue.
Keep exploring
The entities involved
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TD Cowen
American investment bank
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Waste Connections
North American integrated waste services company
Related events
- TD Cowen, Bank of America, and Royal Bank of Canada issued new ratings and coverage notes on November 5, 2026.
- TD Cowen and Scotiabank provided ratings and price targets for Devon Energy.
- TD Cowen reiterated its buy rating on ExlService Holdings, Inc. shares.
- TD Cowen reaffirmed a buy rating on Alaska Airlines.
- TD Cowen and Bank of America issued buy ratings and increased price targets on November 2, 2026.