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Citi Sticks to Its Buy Rating for Xylem (XYL)

Tipranks - Tipranks - Wed Apr 15, 12:22PM CDT

In a report released yesterday, Andrew Kaplowitz from Citi maintained a Buy rating on Xylem, with a price target of $174.00.

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In addition to Citi, Xylem also received a Buy from Stifel Nicolaus’s Nathan Jones in a report issued today. However, on March 31, Jefferies initiated coverage with a Hold rating on Xylem (NYSE: XYL).

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Based on Xylem’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.4 billion and a net profit of $335 million. In comparison, last year the company earned a revenue of $2.26 billion and had a net profit of $326 million

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