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Fly News Breaks for December 17, 2019
PNR
Dec 17, 2019 | 06:39 EDT
Citi analyst Andrew Kaplowitz initiated coverage of Pentair with a Neutral rating and $50 price target. The analyst sees risks to Pentair with the company in the early innings of accomplishing its residential and commercial filtration strategy and potentially limited growth in some of its end markets. He sees a balanced risk/reward at current share levels.
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