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Fly News Breaks for December 9, 2019
PNR
Dec 9, 2019 | 07:57 EDT
Cowen analyst Joseph Giordano raised his price target on Pentair to $52 from $45 to reflect higher growth expectations against easier comps. The analyst noted is estimates are highest on the Street despite using conservative growth estimates and he believes there is the potential for shares to re-rate higher if management can show the ability to deliver consistently. Giordano reiterated his Outperform rating on Pentair shares.
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