RBC Capital raised the firm’s price target on Mueller Water (MWA) to $29 from $25 and keeps a Sector Perform rating on the shares. The firm cites the company’s “strong” operating income beat in Q1 with stronger sales and margins at Water Management Solutions, the analyst tells investors in a research note.
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 price target raised to $30 from $27 at Oppenheimer
- Mueller Water price target raised to $29 from $27 at Baird
- Mueller Water Products Reports Strong Q1 Performance
- Mueller Water Products’ Earnings Call Highlights Record Gains and Strategic Plans
- Mueller Water raises FY25 revenue view to $1.37B-$1.39B from $1.34B-$1.36B
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue