Xylem (XYL) Declares $0.24 Quarterly Dividend; 1.3% Yield

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UPDATE: Cowen Downgrades Xylem (XYL) to Market Perform

May 14, 2019 5:41 AM EDT

(Updated - May 14, 2019 6:21 AM EDT)

Cowen analyst Joseph Giordano downgraded Xylem (NYSE: XYL) from Outperform to Market Perform with a $72 price target (from $75).

The analyst commented, "See challenging NT path for shares in the face of high expectations, likely decelerating end-market... More