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TD Cowen Remains a Hold on Waters (WAT)

Tipranks - Tipranks - Fri Jan 9, 8:32AM CST

TD Cowen analyst Daniel Brennan maintained a Hold rating on Waters yesterday and set a price target of $400.00. The company’s shares closed yesterday at $399.41.

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According to TipRanks, Brennan is a 5-star analyst with an average return of 23.6% and a 56.69% success rate. Brennan covers the Healthcare sector, focusing on stocks such as Natera, Exact Sciences, and Waters.

Currently, the analyst consensus on Waters is a Moderate Buy with an average price target of $419.78.

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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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