-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下：根據第一季業績，我們將12個月目標價從160美元下調至140美元，採用的本益比更符合工業機械子產業的整體水準。我們基於2027年每股收益預期6.02美元（與先前的預測一致；2026年每股收益預期從5.50美元上調至5.52美元）對股票進行估值，市盈率為23.2倍。 XYL的有機收入和訂單量與去年同期持平，調整後EBITDA利潤率成長20個基點，調整後每股收益成長9%。受智慧計量需求的推動，測量與控制業務的訂單量增加了15%，而應用水處理業務則受益於資料中心相關訂單的激增。這些成長被水利基礎設施和水務解決方案及服務業務的下滑所抵消，後者受到策略性「撤資」、中國市場疲軟以及資本項目時機的影響。我們重申對該股的「買入」評級，但我們也意識到，由於獲利預期更側重於下半年，第三季和第四季的預期更高，因此存在更高的風險。
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