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.
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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?