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Fly News Breaks for May 17, 2018
PNR
May 17, 2018 | 06:18 EDT
KeyBanc analyst Jeffrey Hammond downgraded Pentair to Sector Weight from Overweight without a price target. The analyst views the valuation as full at current share levels and believes higher levels of organic growth will take time to play out. Following completion of the nVent spinout, the analyst believes Pentair offers a balanced risk/reward profile.
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