Barclays Maintains Underweight on Waters, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott maintains an Underweight rating on Waters (NYSE:WAT) and lowers the price target from $295 to $275.
June 28, 2024 | 4:09 pm
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Barclays analyst Luke Sergott maintains an Underweight rating on Waters and lowers the price target from $295 to $275.
The Underweight rating and lowered price target from $295 to $275 by Barclays suggest a bearish outlook on Waters' stock. This is likely to negatively impact the stock price in the short term as investors react to the downgraded expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100