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Zurn Elkay Water initiated with a Buy at Jefferies

Jefferies initiated coverage of Zurn Elkay Water (ZWS) with a Buy rating and $58 price target Zurn is positioned to benefit from the accelerating adoption of filtered drinking water, resilient institutional construction demand, and upside from capital deployment, says the analyst, who expects the company to deliver mid-single digit growth in 2026 following high-single digit organic growth in 2025.

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