TD Cowen analyst Joseph C Giordano maintained a Hold rating on Xylem today and set a price target of $130.00.
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Joseph C Giordano’s rating is based on a combination of factors, including Xylem’s ongoing simplification plan, which is progressing with the expected positive impact. While the company’s management is on track to achieve a 100 basis points improvement in EBITDA margins for the fiscal year 2026, the market has already factored in this improvement, leaving limited room for immediate upside.
Despite the company’s strong positioning in a crucial market and a successful operational strategy, the challenges in order comparisons for the latter half of the year create some uncertainty. Although the second quarter exceeded expectations, the upcoming quarters present higher comparative hurdles. The company’s management has demonstrated credibility, but with the current market expectations, achieving further significant gains might be challenging, justifying the Hold rating.
According to TipRanks, C Giordano is a 5-star analyst with an average return of 10.6% and a 61.13% success rate. C Giordano covers the Industrials sector, focusing on stocks such as Symbotic, Emerson Electric Company, and ABB Ltd.