Evoqua Water Technologies Corp. (NYSE:AQUA) was rated Strong Buy with a 21 price target at Raymond James Wednesday. I see the call as early ahead of earnings with Strong Resistance at 17.65, and Key support at 14.66.
AQUA closed at 17.37 Thursday Vs its 52 wk trading range of 7.09-25.23
A clear break above 17.65 augurs for a return to its 20 February high at 25.05, a high mark for the stock during the past 5 yrs. This dip may be the opportunity though I like it better at 16.14.
Evoqua Water Technologies is a leading provider of mission-critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water.
Evoqua has worked to protect water, the environment and its employees for more than 100 yrs, earning a reputation for quality, safety and reliability around the world.
HQ’d in Pittsburgh, Pennsylvania, the company operates in more than 160 locations across 10 countries. Serving more than 38,000 customers and 200,000 installations worldwide, it says its employees are united by a common purpose: Transforming Water. Enriching Life.
Have a healthy weekend, Keep the Faith!