Mizuho has increased its price target for Zurn Elkay Water Solutions Corp. (ZWS, Financial) from $29 to $30 while maintaining a Neutral rating on the stock. This adjustment follows Zurn Elkay's recent performance where the company exceeded expectations in its first-quarter earnings report.
The updated price target is linked to the company's demonstrated ability to navigate tariff challenges effectively, described as "tariff resiliency" by Mizuho. Additionally, the company's projections for 2025 were reaffirmed, with forecasts built on a variety of potential scenarios.
Investors are being informed of these positive developments in the firm's analysis, which underscores the company's strategic strengths amid external pressures.
