Waters Corp. (WAT) Misses Q1 EPS by 12c, Revenues Miss; Offers FY19 & 2Q EPS Guidance Below Consensus

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Go back to Waters Corp. (WAT) Misses Q1 EPS by 12c, Revenues Miss; Offers FY19 & 2Q EPS Guidance Below Consensus

Waters Corp. (WAT) PT Lowered to $210 at Cowen

April 23, 2019 3:46 PM EDT

Cowen analyst Doug Schenkel lowered the price target on Waters Corp. (NYSE: WAT) to $210.00 (from $240.00) while maintaining a Market Perform rating.

Q1 was "holistically disappointing.""Reset guidance looks reasonable; that said, we think shares are fairly valued at current levels."... More