JP Morgan Maintains Neutral on Waters, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tycho Peterson has maintained a Neutral rating on Waters Corporation (NYSE:WAT) and lowered the price target from $260 to $250.
November 08, 2023 | 8:50 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Waters Corporation and lowered the price target from $260 to $250. This could potentially impact the stock's performance.
The lowered price target by JP Morgan could potentially lead to a negative sentiment among investors, which might impact the stock's performance. However, the maintained Neutral rating indicates that the company's fundamentals are still solid, which might counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100