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Fly News Breaks for November 2, 2016
XYL
Nov 2, 2016 | 08:42 EDT
As previously reported, Janney Capital analyst Michael Gaugler upgraded Xylem to Buy from Neutral following the company's Q3 results and after it announced that it has closed the Sensus acquisition and acquired Visenti, a provider of leak detection/pressure monitoring that should be "very complimentary" to its metering platform. The analyst also raised his price target on the shares to $52 from $50.