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Stock Market & Financial Investment News

News Breaks
July 21, 2014
07:55 EDTXYLXylem weakness creates buying opportunity, says Oppenheimer
Oppenheimer believes that the recent weakness in Xylem was caused by the company's statement in the middle of Q2 that sales were tracking at the low end of a 1%-3% increase. However, the firm predicts that the company's Q2 results will be boosted by efficiency gains, and it thinks that the results will be in-line and solid. The firm keeps an Outperform rating on the shares.
News For XYL From The Last 14 Days
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March 23, 2015
10:00 EDTXYLOn The Fly: Analyst Downgrade Summary
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06:03 EDTXYLU.S. Multi-Industry sector downgraded to Neutral at Barclays
Barclays downgraded the U.S. Multi-Industry space to Neutral from Overweight saying rising headwinds could limit share upside to mid-single-digit levels in 2015, with only slight improvement in 2016. The firm believes the credit cycle is peaking and views the U.S. Dollar strength along with lower oil prices as headwinds. Concurrent with sector rating change, Barclays downgraded Dover (DOV), Grainger (GWW), Xylem (XYL) and WESCO (WCC) to Equal Weight from Overweight. It also upgraded Tyco (TYC) to Overweight from Equal Weight and Lennox (LII) to Equal Weight from Underweight, calling both defensive names in the space. The firm is also "comfortable" owning General Electric (GE), Honeywell (HON), Sensata (ST) and HD Supply (HDS) at current levels. It prefers waiting for pullbacks to buy shares of 3M (MMM).
05:48 EDTXYLXylem downgraded to Equal Weight from Overweight at Barclays
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