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Fly News Breaks for October 26, 2016
PNR
Oct 26, 2016 | 08:10 EDT
UBS analyst Shannon O'Callaghan lowered his price target on Pentair to $64 from $70 following its weak Q3 revenue results and subdued outlook. The analyst noted the company is seeing pressure from a lack of MRO activity and not expecting typical year end spending, driving weak forecasts for the Thermal business. O'Callaghan reiterated his Buy rating on Pentair shares as the company is considering debt restructuring, acquisitions, and/or stock buybacks.
News For PNR From the Last 2 Days
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
