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Fly News Breaks for January 31, 2018
PNR
Jan 31, 2018 | 07:26 EDT
KeyBanc analyst Jeffrey Hammond raised his price target for Pentair to $85 from $80 following quarterly results. The analyst is encouraged by building top-line momentum in both businesses heading into the company's Q2 separation - to be completed by April 30 -, as well as a conservative initial guide. He reiterates an Overweight rating on the shares.
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