Baird raised the firm’s price target on Watts Water to $208 from $191 and keeps a Neutral rating on the shares. The firm said initial 2024 guidance was set prudently, banding consensus with mixed demand outlook and weaker margins, and containing few surprises.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on WTS:
- Watts Water sees FY24 organic revenue growth (5%)-1%, consensus $2.24B
- Watts Water sees Q1 organic revenue growth 1%-5%, consensus $535.01M
- Watts Water reports Q4 adjusted EPS $1.97, consensus $1.78
- Watts Water Welcomes Boll, Bids Farewell to Conway and Kissel
- Watts Water Strengthens Governance with Director Indemnification
