Barclays Maintains Underweight on Waters, Lowers Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott has maintained an Underweight rating on Waters Corporation (NYSE:WAT) and reduced the price target from $300 to $295.
May 08, 2024 | 7:00 pm
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Barclays has maintained an Underweight rating on Waters Corporation and lowered the price target from $300 to $295.
The reduction in price target by Barclays, accompanied by an Underweight rating, suggests a bearish outlook on Waters Corporation's stock in the short term. This could lead to negative investor sentiment and potentially lower stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100