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Fly News Breaks for August 3, 2018
NVT, PNR
Aug 3, 2018 | 08:22 EDT
Cowen analyst Joseph Giordano said any weakness in Pentair (PNR) would be a buying opportunity. He noted the spinoff of nVent Electric (NVT) allows it focus on its strengths and he now sees a realistic strategic vision for the company. Giordano reiterated his Outperform rating and $52 price target on Pentair shares.
News For PNR;NVT From the Last 2 Days
PNR
Apr 24, 2024 | 09:08 EDT
PNR
Apr 24, 2024 | 09:06 EDT
RBC Capital analyst Deane Dray raised the firm's price target on Pentair to $103 from $101 and keeps an Outperform rating on the shares. The company's earnings quality was good, and the firm still expects upside in Pool business this year, the analyst tells investors in a research note. RBC further notes that the Pool channel inventory has reset, and Pentair is building inventory ahead of what it expects will be a solid 2Q24 pool-opening season.
PNR
Apr 24, 2024 | 07:53 EDT
PNR
Apr 24, 2024 | 07:29 EDT
PNR
Apr 24, 2024 | 05:31 EDT
PNR
Apr 23, 2024 | 07:00 EDT
Sees Q2 revenue growth 1%-2% vs. last year, consensus $1.12B.
PNR
Apr 23, 2024 | 06:58 EDT
