Mizuho analyst Brett Linzey raised the firm’s price target on Xylem to $135 from $110 and keeps a Neutral rating on the shares. The company’s Q1 outperformance was largely driven by favorable mix in Measurement & Control Solutions, the analyst tells investors in a research note.
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Read More on XYL:
- Xylem raises FY24 adjusted EPS view to $4.10-$4.25 from $4.00-$4.20
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- Xylem price target raised to $139 from $126 at Citi
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