KeyBanc Upgrades Watts Water to Overweight, Sees $340 Target as 2026 Outlook 'Too Compelling to Ignore'
KeyBanc Capital Markets has upgraded Watts Water Technologies (NYSE: WTS) from Sector Weight to Overweight, setting a $340 price target. The firm cites a robust 2026 growth trajectory, strategic acquisitions, and what it views as a market undervaluation of the water infrastructure specialist's prospects.