Bernstein Initiates Coverage On Waters with Market Perform Rating, Announces Price Target of $280
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Eve Burstein has initiated coverage on Waters Corporation (NYSE:WAT) with a Market Perform rating and a price target of $280.
September 28, 2023 | 10:27 am
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Bernstein has initiated coverage on Waters Corporation with a Market Perform rating and a price target of $280.
The initiation of coverage by Bernstein with a Market Perform rating suggests that the analyst believes the stock will perform in line with the market. The price target of $280 indicates where the analyst believes the stock price will be in the future. This news is highly relevant to WAT as it directly pertains to the company's stock. The importance is moderate as analyst ratings can influence investor sentiment and stock price. The confidence in this analysis is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100