Mizuho raised the firm’s price target on Xylem (XYL) to $140 from $125 and keeps a Neutral rating on the shares. The firm cites the company’s simplification momentum and rising peer multiples for the target increase.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XYL:
- Xylem, Amazon partner to deploy Xylem Vue platform in Mexico
- Xylem Amazon partner to deploy Xylem Vue platform in Mexico
- Amazon announces partnership with Xylem for water management systems
- Xylem price target raised to $130 from $125 at TD Cowen
- Hold Rating for Xylem Amid Market Expectations and Comparative Challenges