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Everpure (P) Receives a Rating Update from a Top Analyst

Tipranks - Tipranks - Fri May 29, 6:04AM CDT

Bank of America Securities analyst Wamsi Mohan reiterated a Hold rating on Everpure today and set a price target of $90.00.

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Mohan covers the Technology sector, focusing on stocks such as Apple, Corning, and Dell Technologies. According to TipRanks, Mohan has an average return of 47.4% and a 64.83% success rate on recommended stocks.

In addition to Bank of America Securities, Everpure also received a Hold from Barclays’s Tim Long in a report issued today. However, on the same day, Piper Sandler reiterated a Buy rating on Everpure (NYSE: P).

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Based on Everpure’s latest earnings release for the quarter ending February 1, the company reported a quarterly revenue of $1.06 billion and a net profit of $100.25 million. In comparison, last year the company earned a revenue of $879.84 million and had a net profit of $42.44 million

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