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Fly News Breaks for November 7, 2016
MWA
Nov 7, 2016 | 07:52 EDT
After Mueller Water reported weaker than expected Q3 results, RBC Capital analyst Seth Weber says he is "disappointed" by the results. However, he remains upbeat on the U.S. municipal water infrastructure market and Mueller's position in it. He says that the company showed strong operating leverage and cash flow, and he keeps an Outperform rating on the shares.