Stifel cuts Watts Water stock price target on rate outlook concerns
Stifel reduced its price target for Watts Water Technologies (NYSE:WTS) to $445 from $447, maintaining a Buy rating. The stock fell 10% in Q3 2026 but is up 30% YTD. Stifel cites rate outlook concerns but expects data center growth. WTS reported Q2 2026 EPS of $3.66, beating estimates, with revenue of $763M. The company raised its full-year sales and margin outlook.


