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Fly News Breaks for September 1, 2016
PNR
Sep 1, 2016 | 06:01 EDT
Cowen analyst Joseph Giordano downgraded Pentair to Underperform saying the Valves & Controls sale will have a negative impact on future growth. The remaining company is more likely to see growth deceleration than acceleration, Giordano tells investors in a research note. The analyst has a $55 price target for Pentair shares.
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