Waltham, Massachusetts-based Veralto Corporation (VLTO) offers water analytics, water treatment, marking and coding, and packaging and color services globally. With a market cap of $27 billion, Veralto operates through Water Quality (WQ) and Product Quality & Innovation (PQI) segments. VLTO stock prices have decreased by 1.2% over the past year and gained 6.5% YTD, underperforming compared to the S&P 500 Index. Veralto’s stock prices rose by 1.9% following better-than-expected Q2 results, with core sales increasing by 4.8% year-over-year. Analysts predict an adjusted EPS of $3.81 for fiscal 2025, with a consensus “Moderate Buy” rating from 16 analysts. RBC Capital analyst Deane Dray raised the price target for VLTO from $104 to $108, with a mean price target of $116.40 and a street-high target of $130.
Read more at Yahoo Finance: Are Wall Street Analysts Bullish on Veralto Stock?
