Xylem (XYL) Tops Q1 EPS by 1c

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Wedbush Raises Price Target on Xylem (XYL) to $43 Following 1Q Beat

May 4, 2016 8:16 AM EDT

Wedbush reiterated a Neutral rating on Xylem (NYSE: XYL), and raised the price target to $43.00 (from $41.00), following the company's 1Q earnings report. Adjusted EPS was $0.35 vs. consensus estimates of $0.34. The upside was attributable to slightly better revenues and adjusted operating margins, largely in Water... More