Waters Corp. (WAT) Tops Q2 EPS by 13c

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Go back to Waters Corp. (WAT) Tops Q2 EPS by 13c

Jefferies Raises Price Target on Waters Corp. (WAT) to $150; Remains Sidelined

July 27, 2016 10:28 AM EDT

Jefferies reiterated a Hold rating on Waters Corp. (NYSE: WAT), and raised the price target to $150.00 (from $128.00), following the company's 2Q earnings report. EPS of $1.58 topped Jefferies' forecast by 10% on stronger core growth that flowed at vastly better incremental profitability rates. Organic revenue growth... More

Waters (WAT) PT Raised to $154 at Evercore ISI

July 26, 2016 12:29 PM EDT

Evercore ISI analyst Ross Muken raised his price target on Waters Corp. (NYSE: WAT) to $154.00 (from $140.50) but maintained a Hold rating following Q2 results.

The firm raised FY 2016 EPS from $6.45 to $6.60, FY 2017 EPS from $7.00 to $7.30 and FY 2018 EPS from $7.75 to $8.05.

Muken commented, "Waters posted impressive 2Q results, offering... More