Canaccord Genuity Maintains a 'Buy' on Xylem (XYL); Raising Numbers on Continued Execution
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Price: $27.66 --0%
Rating Summary:
8 Buy, 6 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 0 | Down: 1 | New: 1
Rating Summary:
8 Buy, 6 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 0 | Down: 1 | New: 1
Trade XYL Now!
Canaccord Genuity maintains a 'Buy' on Xylem (NYSE: XYL) price target raised from $32 to $33.
Analyst, John Quealy, said, "A solid quarter, with strong execution and a proven business model navigating nicely through a challenging environment. We continue to find Xylem well positioned to benefit from compelling secular drivers in water, with risk/reward attractive at current levels, in our view."
"Our estimates adjust slightly to account for reported results. Specifically, F2012E revs/adjusted EPS goes to $4.0B/$1.86 from $4.0B/$1.85; while F2013E goes to $4.2B/$2.10 (from $4.2B/$2.08)."
For an analyst ratings summary and ratings history on Xylem click here. For more ratings news on Xylem click here.
Shares of Xylem closed at $27.30 yesterday, with a 52 week range of $22.67-$28.87.
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Analyst, John Quealy, said, "A solid quarter, with strong execution and a proven business model navigating nicely through a challenging environment. We continue to find Xylem well positioned to benefit from compelling secular drivers in water, with risk/reward attractive at current levels, in our view."
"Our estimates adjust slightly to account for reported results. Specifically, F2012E revs/adjusted EPS goes to $4.0B/$1.86 from $4.0B/$1.85; while F2013E goes to $4.2B/$2.10 (from $4.2B/$2.08)."
For an analyst ratings summary and ratings history on Xylem click here. For more ratings news on Xylem click here.
Shares of Xylem closed at $27.30 yesterday, with a 52 week range of $22.67-$28.87.
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