(This is CNBC Pro's live coverage of Tuesday's analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A media giant and a cybersecurity company were among the stocks being talked about by analysts on Tuesday.
Bernstein lowered its rating on Warner Bros. Discovery on the back of a disappointing second-quarter report. Meanwhile, Mizuho raised its price target on Palo Alto Networks ahead of the company's upcoming earnings release.
Check out the latest calls and chatter below. All times ET. 5:50 a.
m.: UBS says shares of this water pure-play can jump almost 30% Investors may be overlooking growth opportunities in Xylem , according to UBS. Analyst Damian Karas initiated coverage of the water stock with a buy rating.
Karas' $165 price target suggests shares can rally 29.4% from Monday's close. "We view XYL as the leading pure-play water company," Karas wrote in a note to clients.
It has "MSD+ growth profile that is less cyclical than peers and a ~100bps/year margin opportunity." Karas noted the stock has only priced in a compound annual sales growth rate of 2.7% through 2028, which is around in line with the historical rate.
But UBS expects that growth clip to be near 6%, meaning it could be far higher than traders are currently anticipating. The firm also said investors should be readying for a multi-decade growth cycle, as the business feels boosts from urbanization and government support for upgraded infrastructure. Meanwhile, the ana.