TD Cowen Downgrades Xylem to Hold, Announces $138 Price Target
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Joseph Giordano has downgraded Xylem (NYSE:XYL) from Buy to Hold, setting a price target of $138.
September 03, 2024 | 12:08 pm
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TD Cowen has downgraded Xylem from Buy to Hold, with a new price target of $138, indicating a more cautious outlook on the stock.
The downgrade from Buy to Hold suggests that the analyst sees limited upside potential in Xylem's stock price, which could lead to a negative short-term impact on the stock as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100