RBC Capital raised the firm’s price target on Mueller Water (MWA) to $29 from $25 and keeps a Sector Perform rating on the shares. The firm cites the company’s “strong” operating income beat in Q1 with stronger sales and margins at Water Management Solutions, the analyst tells investors in a research note.
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Read More on MWA:
- Mueller Water price target raised to $30 from $27 at Oppenheimer
- Mueller Water price target raised to $29 from $27 at Baird
- Mueller Water Products Reports Strong Q1 Performance
- Mueller Water Products’ Earnings Call Highlights Record Gains and Strategic Plans
- Mueller Water raises FY25 revenue view to $1.37B-$1.39B from $1.34B-$1.36B