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Fly News Breaks for October 22, 2018
XYL
Oct 22, 2018 | 07:39 EDT
Canaccord analyst Chip Moore believes Xylem is executing well and he sees ample room for margin improvement. He said while the short-cycle visibility will stay variable, product breath and organizational optimization efforts will support more consistent results. Moore said he likes the name, but he will get more constructive on a batter risk/reward. Moore maintained his Hold rating and $78 price target on Xylem shares.
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