NEW YORK (TheStreet) -- Shares of Mueller Water Products Inc
(MWA - Get Report) are soaring 12.55% to $8.79 in early market trading after the company was upgraded to "buy" from "hold" at Brean Capital, with a $10 price target.
The firm cited the recent pullback in shares and improving new home construction.
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Separately, TheStreet Ratings team rates MUELLER WATER PRODUCTS INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:"We rate MUELLER WATER PRODUCTS INC (MWA) a HOLD. The primary factors that have impacted our rating are mixed, some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including relatively poor performance when compared with the S&P 500 during the past year, generally higher debt management risk and poor profit margins."
MWA data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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