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Analysts at RBC Capital Markets have maintained an Outperform rating for Mueller Water Products, Inc. (NYSE: MWA). Analysts have a price target of $8 for the Mueller Water Products, Inc. stock.
RBC Capital Markets recently met with the company’s management. According to RBC Capital Markets, the company is a top pick among the small cap companies.
RBC Capital Markets believes that the trends in the first-quarter and the ongoing corporate actions show that the company is positioning itself for an upturn in water infrastructure investment.