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Fly News Breaks for November 2, 2018
PNR
Nov 2, 2018 | 09:22 EDT
Pentair at current share levels offers an underappreciated risk/reward with visible earnings upside over the next two years, JPMorgan analyst Stephen Tusa tells investors in a research note titled "All We Are Saying, Is Give PNR A Chance." The analyst says Pentair is one of very few stocks where he left the quarterly report raising his estimates. He raised his price target for the shares to $51 from $48 and keeps an Overweight rating on the name.
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.