Oppenheimer analyst Bryan Blair raised the firm’s price target on Mueller Water (MWA) to $32 from $30 and keeps an Outperform rating on the shares following quarterly results. Adding Mueller Water’s notable valuation vs. water sector comparables, the firm expects further upside to shares over the coming quarters.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MWA:
- Mueller Water Products Lifts Outlook After Record Quarter
- Mueller Water price target raised to $33 from $28 at Baird
- Mueller Water reports Q1 adjusted EPS 29c, consensus 26c
- Mueller Water sees FY26 revenue $1.47B-$1.49B, consensus $1.47B
- MWA Earnings Report this Week: Is It a Buy, Ahead of Earnings?