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Fly News Breaks for January 13, 2017
PNR
Jan 13, 2017 | 06:33 EDT
JPMorgan analyst C. Stephen Tusa upgraded Pentair to Overweight saying the risk/reward is now favorable following a period of underperformance. Expectations are low with room for relative upside in an economic recovery, Tusa tells investors in a research note. He raised his price target for the shares to $68 from $56.
News For PNR From the Last 2 Days
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 23, 2024 | 07:00 EDT
Sees Q2 revenue growth 1%-2% vs. last year, consensus $1.12B.