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Investing.com - Stifel has raised its price target on Zurn Water Solutions (NYSE:ZWS) to $53.00 from $50.00 while maintaining a Buy rating on the stock. The new target represents the highest among analysts, with the stock currently trading at $47.27, near its 52-week high of $47.39.
The price target increase follows meetings between Stifel analysts and Zurn Water Solutions executives, including CFO Dave Pauli and VP Finance Dan Klun, which took place in Boston.
Stifel indicated that the meetings reinforced confidence in Zurn Water Solutions’ growth prospects, with operating leverage expected to drive margin expansion for the company.
The research firm also highlighted Zurn Water Solutions’ "significant financial flexibility" that could enable the company to pursue value-adding acquisitions.
Zurn Water Solutions, which trades on the New York Stock Exchange, specializes in water management and treatment solutions for commercial, industrial, and residential applications. According to InvestingPro, the company shows strong momentum with a 44.6% price return over the past six months, though current valuations suggest the stock may be trading above its Fair Value.
In other recent news, Zurn Water Solutions reported impressive financial results for the second quarter of 2025, exceeding both earnings and revenue expectations. The company achieved earnings per share of $0.42, surpassing the forecasted $0.36, which represents a 16.67% surprise. Additionally, Zurn’s revenue reached $445 million, outpacing the predicted $424.61 million. These strong results were accompanied by a significant increase in stock price, reflecting positive investor sentiment. Moreover, Mizuho has raised its price target for Zurn Water Solutions to $43 from $36, while maintaining a Neutral rating. The research firm highlighted the company’s strong second-quarter performance, driven by tariff mitigation and modest relief. Zurn’s organic sales growth of 8% in Q2 is expected to persist into the third quarter despite some pre-buying due to tariff pricing increases. These developments showcase the company’s robust performance and strategic initiatives in the current market environment.
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