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Stock Market & Financial Investment News

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June 4, 2014
07:53 EDTWTSWatts Water should be bought, says Oppenheimer
Oppenheimer believes that Watts Water is benefiting from positive business trends, including an improving U.S. construction backdrop and positive distributor reads. The firm thinks the foundry issues facing the company are likely transitory, and it expects the stock to continue to rise. It keeps a $70 price target and Outperform rating on the shares.
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