| 2019-12-17 06:39:46|
PNR 06:39 12/17 12/17/19
Pentair initiated with a Neutral at Citi
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.