TD Cowen raised the firm’s price target on Waters (WAT) to $400 from $390 and keeps a Hold rating on the shares. The firm met with management and came away more constructive on its ability to operate and price their way to more revenue synergies, and that initial cost-out projections look very de-risked.
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Read More on WAT:
- Waters Corporation: Balancing Growth Opportunities and Challenges with a Hold Rating
- Waters price target raised to $390 from $345 at TD Cowen
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- Balanced Outlook: Hold Rating on Waters Amid Growth Potential and Valuation Concerns