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Fly News Breaks for October 16, 2015
PNR
Oct 16, 2015 | 07:37 EDT
As noted earlier, Stifel downgraded Pentair to Hold from Buy. As reasons for the downgrade, the firm cited weak commodity prices, tough comps facing the company's Technical Solutions unit, weak pricing for the company's Valve unit, and the possibility that it will not carry out any more acquisitions in the wake of its ERICO deal.
News For PNR 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
