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Mizuho Securities Remains a Hold on Xylem (XYL)

Tipranks - Tipranks - Fri May 1, 7:40AM CDT

Mizuho Securities analyst Brett Linzey maintained a Hold rating on Xylem yesterday and set a price target of $124.00. The company’s shares closed yesterday at $115.40.

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Linzey covers the Industrials sector, focusing on stocks such as Xylem, Rockwell Automation, and Vertiv Holdings. According to TipRanks, Linzey has an average return of 16.2% and a 72.78% success rate on recommended stocks.

In addition to Mizuho Securities, Xylem also received a Hold from UBS’s Joshua Spector in a report issued yesterday. However, on the same day, Citi maintained a Buy rating on Xylem (NYSE: XYL).

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Based on Xylem’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.13 billion and a net profit of $185 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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