UPDATE: Wunderlich Securities Downgrades Waste Management as 2014 Serves as Transition Year

In a report published Wednesday, Wunderlich Securities analyst Michael E. Hoffman downgraded the rating on Waste Management (NYSE: WM ) from Buy to Hold, and lowered the price target from $52.00 to $45.00. In the report, Wunderlich Securities noted, “We are lowering our rating and price target to Hold and