RBC Capital analyst Jeffrey Reive initiated coverage of Zurn Elkay Water (ZWS) with a Sector Perform rating and $49 price target The firm views Zurn as a leader in institutional and commercial plumbing. The company is well positioned in “defensive” non-residential construction markets, but questions remain around its continued growth and margin expansion, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZWS: