Baird analyst Michael Halloran raised the firm’s price target on Xylem (XYL) to $163 from $161 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results as demand remains healthy.
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Read More on XYL:
- Xylem price target lowered to $168 from $174 at Citi
- Xylem price target lowered to $154 from $156 at Barclays
- Xylem Inc. Balances Margin Gains With China Drag
- Analyst Reiterates Buy on Xylem After Q1 Beat, Raised Revenue Outlook, and Strong Water Metering Momentum
- Xylem reports Q1 adjusted EPS $1.12, consensus $1.08
