Stifel Maintains Hold on Watts Water Technologies, Raises Price Target to $209
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones maintains a Hold rating on Watts Water Technologies (WTS) and raises the price target from $206 to $209.
April 17, 2024 | 2:54 pm
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Stifel maintains a Hold rating on Watts Water Technologies and raises the price target from $206 to $209.
The increase in the price target by Stifel suggests a positive outlook on the stock's future performance, potentially leading to a short-term increase in its stock price. However, the Hold rating indicates that the stock might not have significant upside potential beyond the new target, tempering expectations for a major rally.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100