Xylem Inc
XYL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$692.00 | Sbwbg | Tyjbzldl |
Xylem: Maintaining Standard Capital Allocation Rating After Leadership Succession Announcement
We are maintaining our $104 fair value estimate and Standard capital allocation rating for Xylem after the company announced its leadership succession plan. Matthew Pine, the firm’s current chief operating officer, will take the helm as chief executive officer on Jan. 1, 2024, while William Grogan, former chief financial officer of Idex, will succeed Sandra Rowland as CFO on Oct. 1, 2023.