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RBC Capital Keeps Their Buy Rating on Xylem (XYL)

Tipranks - Tipranks - Thu Feb 12, 6:10AM CST

RBC Capital analyst Deane Dray maintained a Buy rating on Xylem yesterday and set a price target of $162.00.

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According to TipRanks, Dray is a 5-star analyst with an average return of 14.3% and a 65.54% success rate. Dray covers the Industrials sector, focusing on stocks such as Emerson Electric Company, Wesco International, and Atkore International Group.

In addition to RBC Capital, Xylem also received a Buy from TipRanks – OpenAI’s OpenAI Industrial – Machinery in a report issued today. However, on the same day, TipRanks – Google downgraded Xylem (NYSE: XYL) to a Hold.

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Based on Xylem’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.27 billion and a net profit of $227 million. In comparison, last year the company earned a revenue of $2.1 billion and had a net profit of $217 million

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