Waters Corp exceeded earnings and revenue estimates, raising Evercore ISI's price target to $355.
Evercore ISI raised its price target for Waters Corporation (NYSE: WAT) from $335 to $355, maintaining an in-line rating. The company reported $2.63 earnings per share and $709 million in revenue, both exceeding estimates. Analysts’ ratings vary, with an average target price of $327. Institutional investors increased their stakes, and WAT opened at $354.40. Waters Corporation specializes in analytical workflow solutions across global markets.
October 04, 2024
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