Reported 1 day ago
Xylem Inc. (XYL), a key player in water technology with a market cap of $33.5 billion, has seen its stock fluctuate with a recent 2.4% drop from its 52-week high but boasts an impressive 22.2% increase year-to-date, outperforming the Invesco S&P Global Water Index ETF. Its shares have generally outperformed rival Ingersoll Rand Inc. and are trading above key moving averages, supported by strong Q2 earnings that exceeded forecasts. Analysts give it a 'Moderate Buy' rating with a potential price increase, indicating positive expectations for the stock.
Source: YAHOO