Stifel Maintains Buy Rating for Evoqua Water Technologies: Here's What You Need To Know

Loading...
Loading...

Stifel has decided to maintain its Buy rating of Evoqua Water Technologies AQUA and lower its price target from $55.00 to $43.00.

Shares of Evoqua Water Technologies are trading up 2.63% over the last 24 hours, at $35.15 per share.

A move to $43.00 would account for a 22.33% increase from the current share price.

About Evoqua Water Technologies

Evoqua Water Technologies Corp is a provider of critical water treatment solutions, offering services, systems, and technologies to support its customers' full water lifecycle needs. The company operates two segments namely Integrated Solutions and Services and Applied Product Technologies. The Integrated Solutions and Services segment provides fully-integrated systems and service solutions that selectively utilize its portfolio of water treatment technologies to satisfy customers' water needs. It engages directly with end-users. Applied Product Technologies is focused on developing product platforms to be sold primarily through third-party channels. The company generates maximum revenue from the Integrated Solutions and Services segment.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Analyst RatingsBZI-AAR-UPDATE
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...