Baird lowered the firm’s price target on Zurn Elkay Water (ZWS) to $39 from $42 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where margins were a positive amid its demand uncertainty.
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Read More on ZWS:
- Zurn Elkay Water Solutions Reports Strong Q1 2025 Results
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- Zurn Elkay Water reports Q1 adjusted EPS 31, consensus 29c
- Zurn Elkay Water sees Q2 core revenue growth low to mid-single digits
- Zurn Elkay Water price target lowered to $29 from $37 at Mizuho