Watts Water Technologies (WTS) Tops Q4 EPS by 7c

Go back to Watts Water Technologies (WTS) Tops Q4 EPS by 7c

Wedbush Raises Watts Water Technologies' (WTS) Price Target on Better Than Expected 4Q Results

February 18, 2016 9:01 AM EST

Wedbush reiterated a Neutral rating on Watts Waters (NYSE: WTS), and raised the price target to $57.00 (from $55.00), following the company's 4Q earnings report. The company reported adjusted EPS of $0.59 versus consensus estimates of $0.53 on greater-than-expected revenues and slightly better margins. Adjusted operating income was $35.4 million... More

KeyBanc Downgrades Watts Waters (WTS) to Sector Weight

February 17, 2016 1:43 PM EST

KeyBanc downgraded Watts Waters (NYSE: WTS) from Overweight to Sector Weight. Analyst Jeffrey D. Hammond expressed concern that 2016 could be a transition year.

"We are downgrading shares of WTS to Sector Weight (from Overweight), reflective of the stock reaching our $53 price target,... More