Technical Analysis: XYL's recent price action shows a consolidation pattern between $122-125 range. The stock has formed higher lows over the past week, indicating building momentum.
News Sentiment & Fundamental Factors:
Price Prediction for Next Week: Based on technical indicators and positive fundamental backdrop:
Target Prices:
The stock is likely to test the recent high of $127.50 next week given:
Recommendation: BUY Entry point: Current level ($127.34) Initial target: $127.50 Stop loss: $124.00
The positive analyst sentiment, strong fundamentals, and technical setup suggest potential for upward movement in the coming week.
The price of XYL is predicted to go up 12.5%, based on the high correlation periods with NAAS. The similarity of these two price pattern on the periods is 98.73%.
XYL
NAAS
Growing demand for fresh water in developing countries and the need to replace aging infrastructure in developed countries will create long-term growth opportunities for Xylem.
After recent acquisitions of smart meter and leak detection companies, Xylem can offer utilities a comprehensive portfolio of products aimed at addressing the problem of nonrevenue water.
The company has room for further margin expansion, with management targeting cost savings from business simplification, global procurement, lean initiatives, and synergies from recent M&A deals.
Citigroup
2025-01-13
Price Target
$148 → $147
Upside
+27.12%
Wolfe Research
2024-12-12
Price Target
n/a
Downside
0%
Stifel
2024-12-11
Price Target
$172 → $166
Upside
+34.54%