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

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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