Xylem initiated with an Outperform at William Blair

William Blair initiated coverage of Xylem (XYL) with an Outperform rating and no price target The firm says Xylem is the market leader in mission-critical water solutions. Xylem is the world’s largest pure-play water company, with a portfolio of products and solutions that serve nearly every part of the water and wastewater cycle, the analyst tells investors in a research note. Blair believes the company has “trusted brands across a large global installed base.”