Mueller Water (MWA) Gets A Quiet Target Hike As Results Stay Steady

With a short percentage of shares outstanding of 2.12%, Mueller Water Products, Inc. (NYSE: MWA ) is among the 7 Best Water Infrastructure Stocks to Buy for Scarcity Trends . Mueller Water Products, Inc. (NYSE:MWA) continued to attract analyst attention on May 7 when Baird raised its price target on the stock to $34 from $33 while maintaining a Neutral rating. The firm updated its financial model following second-quarter results and indicated that the company’s performance remains largely in line with expectations. The day before, Goldman Sachs increased its price target on Mueller Water Products, Inc. (NYSE:MWA) to $29 from $28 and maintained a Neutral rating. The firm highlighted record second-quarter results that exceeded expectations on both revenue and earnings, driven by favorable pricing actions and manufacturing efficiencies. Goldman Sachs also noted that margin expansion is expected to continue throughout the year as the benefits of recent pricing initiatives become more fully realized in the second half of 2026. Mueller Water Products, Inc. (NYSE:MWA) is a leading manufacturer and marketer of water infrastructure products headquartered in Atlanta, Georgia, and was founded in 1857. The company’s portfolio includes fire hydrants, gate valves, pipe repair solutions, leak detection technologies, and smart water metering systems used throughout North America. While we acknowledge the potential of MWA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 7 Best 3D Printing Stocks to Buy for Aerospace Components and Top 10 Stocks That Members of Congress Own . Disclosure: None. Follow Insider Monkey on Google News .