Brean Murray removes Watts Water (WTS -3.1%) from its Near-Term Focus List on the back of its...

|About: Watts Water Technologies, Inc. (WTS)|By:, SA News Editor

Brean Murray removes Watts Water (WTS -3.1%) from its Near-Term Focus List on the back of its disappointing Q1 forecast, saying the limited information provided raises some concerns. Shares remain Buy rated however, with a reduced price target of $45 from $48.