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Watts Water Technologies Inc (WTS) shares have surpassed the average analyst 12-month target price of $148.33, trading at $149.35 per share. This development prompts analysts to consider whether to downgrade their valuations or increase their price targets based on the firm’s performance.
Analysts have varying price targets for WTS, ranging from a low of $120.00 to a high of $192.00, with a standard deviation of $38.37. Currently, one analyst rates the stock as a “strong buy,” while six others maintain a “hold” rating, reflecting an average rating of 2.71 on a scale where 1 is strong buy and 5 is strong sell.
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