Barclays Downgrades Waters to Equal-Weight, Announces $275 Price Target
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Jack Meehan has downgraded Waters Corporation (NYSE:WAT) from Overweight to Equal-Weight and set a price target of $275.

July 31, 2023 | 1:25 pm
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Waters Corporation has been downgraded by Barclays from Overweight to Equal-Weight with a price target of $275.
The downgrade from Barclays could potentially lead to a short-term negative impact on Waters Corporation's stock price. The new rating suggests that the stock is expected to perform in line with the market, as opposed to outperforming it. The price target of $275 provides a reference point for investors, which could influence trading decisions.
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IMPORTANCE 80
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