BofA lowered the firm’s price target on Waters (WAT) to $410 from $430 and keeps a Neutral rating on the shares. Q4 results were “strong,” but expectations were high prior to the release given comps, the setup and results from instrument peers, the analyst tells investors. The 2025 guidance initiated this morning didn’t meet the “high bar,” but is “prudent given noise,” the analyst added.
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Read More on WAT:
- Waters price target lowered to $400 from $415 at Barclays
- Waters sees Q1 EPS $2.17-$2.25, consensus $2.43
- Waters sees FY25 EPS $12.70-$13.00, consensus $12.83
- Waters reports Q4 EPS $4.10, consensus $4.03
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