Merger mania has hit the water sector.
The water-technology company said it agreed to buy Evoqua Water Technologies in an all-stock deal.
Xylem announced it's acquiring Evoqua for $7.5 billion in an all-stock deal amid the worst U.S. drought in a millennium. The post Water Stock Soars On Acquisition News, As The West's Wells Run Dry app

Why Is Xylem (XYL) Stock Down 9% Today

09:43am, Monday, 23'rd Jan 2023
Xylem (NYSE: XYL ) stock is slipping on Monday after the company revealed plans to acquire Evoqua (NYSE: AQUA ) in a $7.5 billion deal. That deal will have holders of AQUA stock receive 0.480 shares o
The all-stock deal values Evoqua at a 29% premium to its closing price last Friday.
Shares of Evoqua Water Technologies Corp. AQUA, +2.04% soared 14.6% toward a nine-month high in premarket trading Monday, after the water and wastewater treatment company agreed to be acquired by Xyle
Xylem (XYL) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ITT to benefit from strength in end markets like chemical and industrial pumps, commercial aerospace and defense among others. Acquisition made by the company should drive growth.
Strong demand across end markets, price realization and gradual easing of supply chain disruptions bode well for Xylem (XYL). The company's measures to reward its shareholders are noteworthy.

Xylem: Take Some Profits

04:06am, Tuesday, 27'th Dec 2022
Xylem has shown good revenue growth but is overvalued. Investors can consider selling covered calls to generate income.
Nancy Tengler, Laffer Tengler Investments CEO, joins 'Closing Bell' to discuss the market reaction to the Fed and stocks she's watching now.
Although investors frequently target technological innovators to generate profits in the market, the hottest water stocks to own leverages the power of the world's most precious resource. True, 71% of
Xylem (XYL) reported earnings 30 days ago. What's next for the stock?

7 Best Water Stocks to Buy Now

12:06pm, Thursday, 01'st Dec 2022
Water stocks are an interesting breed. Water is an essential good, and there are lots of companies that make money off of water in one way or another.
Xylem (XYL) stands to benefit from solid underlying market demand and pricing actions across its businesses. XYL's efforts to reward its shareholders with dividends augur well.
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