Oppenheimer raised the firm’s price target on Zurn Elkay Water (ZWS) to $57 from $53 and keeps an Outperform rating on the shares following quarterly results. Given the team’s positive core sales outlook, strong free cash flow generation, and steadily increasing capital deployment optionality, the firm remains bullish on Zurn’ prospects for sustained outgrowth.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZWS:
- Zurn Elkay Water price target raised to $59 from $54 at Stifel
- Zurn Elkay Water price target raised to $55 from $49 at RBC Capital
- Zurn Elkay Water price target raised to $50 from $45 at Goldman Sachs
- Zurn Elkay Water price target raised to $56 from $52 at Baird
- Zurn Elkay Water reports Q4 adjusted EPS 36c, consensus 34c