Mizuho lowers Xylem price target to $99 from $110
The sharp target reduction is bearish, though the revised target still indicates potential upside and the price had already declined since the signal.
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The sharp target reduction is bearish, though the revised target still indicates potential upside and the price had already declined since the signal.
What happened, with direct paths to the underlying reporting
Mizuho cut its XYL target by $11. The cited price of $92.86 is below the revised target, but the substantial downward revision is a negative analyst signal.
Target: $99
Posted price: $92.86
Analyst firm: Mizuho Securities
Analyst: Brett Linzey
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