RBC Capital analyst Jeffrey Reive raised the firm’s price target on Watts Water (WTS) to $323 from $318 and keeps a Sector Perform rating on the shares. The company delivered an impressive 29c operating beat in Q1, driven by upside organic growth and margin expansion across all regions, the analyst tells investors in a research note.
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Read More on WTS:
- Watts Water price target raised to $358 from $336 at Deutsche Bank
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