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Waters (WAT) Receives a Hold from Wells Fargo

Tipranks - Tipranks - Thu Feb 12, 6:42AM CST

Wells Fargo analyst Brandon Couillard maintained a Hold rating on Waters today and set a price target of $355.00.

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Couillard covers the Healthcare sector, focusing on stocks such as Revvity, Waters, and GeneDx Holdings. According to TipRanks, Couillard has an average return of 16.4% and a 60.33% success rate on recommended stocks.

In addition to Wells Fargo, Waters also received a Hold from J.P. Morgan’s Casey Woodring in a report issued today. However, yesterday, Jefferies reiterated a Buy rating on Waters (NYSE: WAT).

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Based on Waters’ latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $799.89 million and a net profit of $148.92 million. In comparison, last year the company earned a revenue of $740.31 million and had a net profit of $161.5 million

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