UPDATE: Oppenheimer Initiates Coverage on Xylem
January 22, 2014 at 11:03 AM EST
In a report published Wednesday, Oppenheimer analyst Jim Giannakouros initiated coverage on Xylem (NYSE: XYL ) with an Outperform rating, establishing a $44.00 price target. According to the report, XYL is a leader in its served markets with attractive secular growth prospects, margin expansion potential, cash flow improvements and