Waters Reports Third Quarter 2016 Financial Results
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Jefferies Cuts Price Target on Waters Corp. (WAT) Following Revenue Miss
October 26, 2016 9:54 AM EDTJefferies maintained a Hold rating on Waters Corp. (NYSE: WAT), and cut the price target to $145.00 (from $150.00), following the company's 3Q earnings report. EPS of $1.57 matched the consensus view as marginally better profitability offset weaker core revenue growth. Core revenue growth of +5% was ~100bps weaker... More
