Mizuho Downgrades Zurn Elkay Water to Neutral, Announces $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey downgraded Zurn Elkay Water (ZWS) from Buy to Neutral and set a price target of $34.

February 09, 2024 | 12:08 pm
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Zurn Elkay Water was downgraded by Mizuho from Buy to Neutral with a new price target of $34.
The downgrade from Buy to Neutral by a major analyst like Mizuho suggests a less optimistic outlook on ZWS's stock performance in the short term. The setting of a specific price target provides a benchmark for future performance expectations, potentially influencing investor sentiment and stock price movement.
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