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Citi cuts Pentair target, opens ‘negative short-term view’

Citi lowered the firm’s price target on Pentair (PNR) to $126 from $135 and keeps a Buy rating on the shares. Citi added a “90-day negative short-term view” on Pentair ahead of the Q4 report. A “tumultuous” year for restaurants could hurt Pentair’s sales in 2026, the analyst tells investors in a research note.

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