Jefferies Lifts Its Price Target on Waters (WAT) to $96
WAT Hot Sheet
Rating Summary:9 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 20 | Down: 11 | New: 38
Jefferies bumps its price target on Hold-rated Waters Corp. (NYSE: WAT) from $94 to $96 following Q4 results, which beat the consensus by $0.06 on stronger revenue growth.
The firm trimmed 2012 EPS forecast to $5.22 (from $5.30) to account for recent adverse FX-related developments. However, the price target move up on higher cash flow forecasts.
For an analyst ratings summary and ratings history on Waters Corp. click here. For more ratings news on Waters Corp. click here.
Shares of Waters Corp. closed at $85.04 yesterday, with a 52 week range of $70.88-$100.00.
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The firm trimmed 2012 EPS forecast to $5.22 (from $5.30) to account for recent adverse FX-related developments. However, the price target move up on higher cash flow forecasts.
For an analyst ratings summary and ratings history on Waters Corp. click here. For more ratings news on Waters Corp. click here.
Shares of Waters Corp. closed at $85.04 yesterday, with a 52 week range of $70.88-$100.00.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
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