Forecasting The Future: 7 Analyst Projections For Waters
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Waters (NYSE:WAT) over the past three months, with a recent trend towards more bullish sentiments. The average 12-month price target has increased by 9.2% to $354.0. Despite revenue challenges, Waters shows strong profitability and financial management, though it carries a high debt-to-equity ratio.
October 08, 2024 | 8:00 pm
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Waters Corporation has received mixed analyst ratings, with a recent shift towards bullish sentiments. The average price target has increased by 9.2% to $354.0, indicating positive expectations. However, the company faces revenue challenges, with a decline of 4.33% over the past three months.
The recent increase in the average price target and the shift towards more bullish analyst ratings suggest a positive short-term outlook for Waters. However, the company's revenue decline poses a risk, which is somewhat mitigated by its strong profitability and financial management.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100