Seaport Research lowered the firm’s price target on Mueller Water (MWA) to $30 from $33 and keeps a Buy rating on the shares. Tariffs increased cost of goods sold more than expected due to the China factory and sourcing, the analyst tells investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MWA:
- Mueller Water Products Highlights Q2FY25 Financial Performance
- Mueller Water Products Reports Strong Q2 2025 Results
- Mueller Water Products Reports Record Earnings Amid Challenges
- Mueller Water reports Q2 EPS 34c, consensus 31c
- Mueller Water raises FY25 revenue view to $1.39B-$1.40B from $1.37B-$1.39B
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue