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William Blair Initiates a Buy Rating on Waters (WAT)

Tipranks - Tipranks - Mon Jan 12, 2:40AM CST

Waters received a Buy rating and price target from William Blair analyst Matt Larew yesterday.

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Larew covers the Healthcare sector, focusing on stocks such as AptarGroup, Thermo Fisher, and Waters. According to TipRanks, Larew has an average return of -0.5% and a 52.50% success rate on recommended stocks.

In addition to William Blair, Waters also received a Buy from Guggenheim’s Subbu Nambi in a report issued on January 6. However, on January 7, TD Cowen maintained a Hold 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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