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Fly News Breaks for November 30, 2018
WAT
Nov 30, 2018 | 06:42 EDT
Goldman Sachs analyst Patrick Donnelly downgraded Waters to Sell and lowered his price target for the shares to $180 from $185. The analyst believes Waters will "struggle to keep pace with the industry on a fundamental basis." He expects the company to report organic growth below Tools over the next several years and sees a "muted" outlook on margin expansion.
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