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UPDATE: J.P. Morgan Upgrades Waters to Overweight

According to J.P. Morgan, Waters (NYSE: WAT) is upgraded to Overweight.

J.P. Morgan said that it is upgrading the rating on Waters (WAT) from Neutral to Overweight and raising the Dec. 2012 price target from $83 to $90. “As such, we now see the risk/reward as favorable and would use the recent weakness as an entry point.”

Waters closed yesterday at $77.99.

Posted-In: J.P. MorganAnalyst Color Upgrades Price Target Analyst Ratings

 

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