Waters Corporation (NYSE:WAT) is highlighted as one of the best agriculture technology stocks to buy now. Jefferies analyst Tycho Peterson reiterated a Buy rating on Waters with a price target of $385, down from $435, after a 12% post-merger dip. Q2 earnings beat expectations, with revenue and EPS exceeding consensus.

Peterson remains confident in Waters’ trajectory despite the price target adjustment. The company raised full-year guidance, has strong recurring revenue, and a major merger with Becton Dickinson’s diagnostics arm on the horizon. Jefferies believes the BD merger is undervalued by the market and will enhance Waters’ long-term value proposition.

Waters Corporation (NYSE:WAT) is a key player in analytical instruments and software, catering to life sciences, food safety, and agriculture sectors. The company provides essential tools for pesticide residue analysis and precision crop science. Despite the potential of WAT as an investment, some AI stocks may offer greater upside potential and lower downside risk.

For those seeking an undervalued AI stock that could benefit from Trump-era tariffs and the onshoring trend, a free report on the best short-term AI stock is available. Waters Corporation’s position in the market and upcoming merger with Becton Dickinson’s diagnostics arm are factors to watch for potential investment opportunities.

Read more at Yahoo Finance: Waters Holds Jefferies Buy Rating Despite Target Cut, with BD Merger Poised to Boost Long-Term Growth