Citigroup Maintains Neutral Rating for Xylem: Here's What You Need To Know

Citigroup has decided to maintain its Neutral rating of Xylem XYL and lower its price target from $125.00 to $101.00.

Shares of Xylem are trading up 0.0% over the last 24 hours, at $90.97 per share.

A move to $101.00 would account for a 11.03% increase from the current share price.

About Xylem

Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $5.5 billion in revenue and $672 million in adjusted operating income in 2022.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.