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Illinois pension fund sells over 10,991 Waters Corp. shares, while the company beats Q1 earnings estimates.
Illinois Municipal Retirement Fund reduced its Waters Corporation holdings by selling over 10,991 shares, retaining a position worth $3.64 million.
Waters Corporation beat Q1 EPS estimates by $0.03, with a net margin of 22.02% and a market cap of $20.96 billion.
The stock has a consensus rating of "Moderate Buy" with a $388 price target.
Bank of America raised its price target to $375, noting Waters' strong performance and growth in analytical workflow solutions.
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El fondo de pensiones de Illinois vende más de 10.991 acciones de Waters Corp, mientras que la compañía supera las estimaciones de ganancias del primer trimestre.