Waters Reports Second Quarter 2016 Financial Results
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Jefferies Raises Price Target on Waters Corp. (WAT) to $150; Remains Sidelined
July 27, 2016 10:28 AM EDTJefferies reiterated a Hold rating on Waters Corp. (NYSE: WAT), and raised the price target to $150.00 (from $128.00), following the company's 2Q earnings report. EPS of $1.58 topped Jefferies' forecast by 10% on stronger core growth that flowed at vastly better incremental profitability rates. Organic revenue growth... More
Waters (WAT) PT Raised to $154 at Evercore ISI
July 26, 2016 12:29 PM EDTEvercore ISI analyst Ross Muken raised his price target on Waters Corp. (NYSE: WAT) to $154.00 (from $140.50) but maintained a Hold rating following Q2 results.
The firm raised FY 2016 EPS from $6.45 to $6.60, FY 2017 EPS from $7.00 to $7.30 and FY 2018 EPS from $7.75 to $8.05.
Muken commented, "Waters posted impressive 2Q results, offering... More
Waters Corp. (WAT) Tops Q2 EPS by 13c
July 26, 2016 6:51 AM EDTWaters Corp. (NYSE: WAT) reported Q2 EPS of $1.58, $0.13 better than the analyst estimate of $1.45. Revenue for the quarter came in at $537 million versus the consensus estimate of $523.47 million.
Commenting on the Companys performance, Christopher J. OConnell, President and Chief Executive Officer said,... More
