Fly News Breaks for December 6, 2019
Dec 6, 2019 | 05:31 EDT
Goldman Sachs analyst Brian Lee downgraded Evoqua Water to Neutral from Buy with an unchanged price target of $18. The analyst says that following its recent outperformance, the stock now offers no upside to his 12-month price target. Evoqua's execution has improved and the company's end markets remain "relatively healthy," but the valuation now reflects this, Lee tells investors in a research note.
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