UPDATE: Wedbush Downgrades Xylem on Multiple Negative Factors
July 31, 2013 at 09:38 AM EDT
In a report published Wednesday, Wedbush analyst David L. Rose downgraded Xylem (NYSE: XYL ) from Outperform to Neutral, and lowered the price target from $32.00 to $27.00. In the report, Wedbush noted, “We are lowering our rating on Xylem, Inc. to NEUTRAL from OUTPERFORM and removing the shares from the
