Stifel raised the firm’s price target on Zurn Elkay Water (ZWS) to $39 from $34 and keeps a Buy rating on the shares. Strong Q1 numbers and a lower-than-expected immediate, direct impact from tariffs of about $50M in 2025 are positives, says the analyst, who sees potential benefits ahead with pre-tariff plans to reduce supply chain in China reducing the cost impact to Zurn more than competitors.
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Read More on ZWS:
- Zurn Elkay Water price target lowered to $39 from $42 at Baird
- Zurn Elkay Water Solutions Reports Strong Q1 2025 Results
- Zurn Water Solutions’ Earnings Call Highlights Resilience
- Zurn Elkay Water reports Q1 adjusted EPS 31, consensus 29c
- Zurn Elkay Water sees Q2 core revenue growth low to mid-single digits