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Fly News Breaks for March 24, 2017
XYL
Mar 24, 2017 | 08:37 EDT
Cowen analyst Joseph Giordano said Xylem should be bought ahead of its investors day as he sees the meeting as an opportunity to dig into Sensus cost/revenue synergies. He also believes estimates and guidance are achievable and sees medium term upside to margins. Giordano reiterated his Outperform rating and raised his price target to $60 from $56 on Xylem shares.
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