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Stifel Nicolaus Remains a Buy on Xylem (XYL)

Tipranks - Tipranks - Sat Jun 6, 1:00PM CDT

Stifel Nicolaus analyst Nathan Jones maintained a Buy rating on Xylem today and set a price target of $159.00.

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Jones covers the Industrials sector, focusing on stocks such as Lindsay, IDEX, and Crane Company. According to TipRanks, Jones has an average return of 18.8% and a 68.74% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xylem with a $147.83 average price target.

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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

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is neutral on the stock. Last month, Geri-Michelle McShane, the SVP, CAO of XYL sold 4,269.00 shares for a total of $501,436.74.

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