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Barclays Reaffirms Their Buy Rating on Xylem (XYL)

Tipranks - Tipranks - Thu Apr 30, 3:56AM CDT

In a report released today, William Grippin from Barclays maintained a Buy rating on Xylem, with a price target of $154.00.

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Grippin covers the Industrials sector, focusing on stocks such as Xylem, Republic Services, and Waste Connections. According to TipRanks, Grippin has an average return of -17.5% and a 24.53% success rate on recommended stocks.

In addition to Barclays, Xylem also received a Buy from William Blair’s Brian Drab in a report issued yesterday. However, on April 21, UBS downgraded Xylem (NYSE: XYL) to a Hold.

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Based on Xylem’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $193 million. In comparison, last year the company earned a revenue of $2.07 billion and had a net profit of $169 million

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