Waters Corp | WAT

Daily Technical Analysis of Waters Corp

Waters is up a bit on the day, funds flowing in kept the price up 1.35% since yesterday.

Currently WAT isn't at a clear support/resistance line that seems tradable. Waters has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. WAT might find some support at the 349.41 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Waters By Price Target And Rating

The analysts are pretty neutral on Waters right now, so not much useful information here. The current Analysts Sentiment Score is 1.30. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-02-07 Stifel Nicolaus increased their price target by 13.79% to $330.00. On 2024-01-25 Barclays increased their price target by 19.57% to $275.00. On 2023-12-13 Wolfe Research started covering Waters with a rating of Peer Perform. On 2023-12-11 Citigroup increased their price target by 13.21% to $300.00. Wells Fargo & Company dropped their price target by -6.56% to $285.00 on 2023-11-08. JPMorgan Chase & Co. provided a price target decease of -3.85% to $250.00 from $260.00 on 2023-11-08. Sanford C. Bernstein initiated a rating of Market Perform on 2023-09-28 and they set their price target at $280.00.Robert W. Baird provided a price target decease of -16.52% to $288.00 from $345.00 on 2023-05-10. Bank of America announced a lowering of their price target to $315.00 from $350.00 on 2023-05-10.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Waters

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Waters

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.