Seaport Global analyst Walter Liptak maintains $Mueller Water Products (MWA.US)$ with a buy rating, and adjusts the target price from $24 to $30.
According to TipRanks data, the analyst has a success rate of 66.0% and a total average return of 11.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Mueller Water Products (MWA.US)$'s main analysts recently are as follows:
Following Mueller Water's Q4 earnings report, which revealed an EBITDA of $73M surpassing both prior and consensus estimates, it's evident that the company's performance from Q2 to Q4 is a strong indication of its reset operating trajectory. The outlook for future growth opportunities continues to be positive.
Mueller Water delivered another robust quarter with widespread operational success, and the initial guidance for fiscal year 2025 surpassed the general market expectations.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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