TD Cowen Downgrades Mueller Water Products to Hold, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Joseph Giordano has downgraded Mueller Water Products (NYSE:MWA) from Buy to Hold while raising the price target from $19 to $20.
August 09, 2024 | 10:43 am
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NEUTRAL IMPACT
TD Cowen has downgraded Mueller Water Products from Buy to Hold, but raised the price target to $20.
The downgrade from Buy to Hold suggests a neutral outlook, which could limit significant upward movement in the stock price. However, the raised price target to $20 indicates some positive expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100