Oppenheimer and Barclays cut Zurn Elkay Water Solutions price targets
Oppenheimer and Barclays kept positive ratings on Zurn Elkay Water Solutions but lowered price targets to $58 and $56, respectively, per TradingView.
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what happened
Oppenheimer maintained its Outperform rating on Zurn Elkay Water Solutions and reduced its price target to $58 from $60, a 3.3% cut. According to TradingView, the new target implies upside of 33.3% from the October 28 close of $43.50.
Barclays kept its Overweight rating but lowered its target to $56 from $61, an 8.2% decrease. Per the same source, that target implies a 28.7% gain from the same closing price.
why it matters
Two separate analysts lowered their price targets at the same time while keeping positive ratings. This points to a more cautious view of the company, but not a change in recommendation, so investors may read these moves as an adjustment to expectations for the stock.
tags
instruments
sources
- Oppenheimer maintains Zurn Elkay Water Solns at Outperform, lowers price target to $58 from $60 — TradingView, 29 October 2026 at 13:30 UTC
- Barclays maintains Zurn Elkay Water Solns at Overweight, lowers price target to $56 from $61 — TradingView, 29 October 2026 at 15:37 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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