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Fly News Breaks for January 24, 2019
WAT
Jan 24, 2019 | 07:56 EDT
As reported previously, Baird analyst Catherine Ramsey Schulte downgraded Waters to Neutral from Outperform. The analyst noted its strong Q4 results and positive commentary, but she thinks it will likely take time for new product introductions to improve its competitive positioning and the current valuation already prices in expectations for improved organic growth in 2019. Schulte raised her price target to $211 from $191 on Waters shares.
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