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Fly News Breaks for May 1, 2017
WAT
May 1, 2017 | 07:59 EDT
As previously reported, Janney Capital analyst Paul Knight upgraded Waters to Buy from Neutral as he expects the company to be a will be a key beneficiary as the Life Science Industry transitions to faster growth in 2017. Among the catalysts he sees ahead for Waters, he lists Asia growth continuing to accelerate, Applied or industrial markets beginning a resurgence and tax repatriation that could free over $1B in excess capital held overseas. Knight raised his fair value estimate on Waters shares to $200 from $185.
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