Barclays analyst Julian Mitchell lowered the firm’s price target on Pentair (PNR) to $102 from $115 and keeps an Equal Weight rating on the shares post the earnings report. The firm says the stock may struggle to re-rate as long as pool margins are “treading water.”
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Read More on PNR:
- Pentair price target lowered to $125 from $140 at Seaport Research
- Pentair price target lowered to $122 from $128 at Oppenheimer
- Pentair price target lowered to $117 from $124 at RBC Capital
- Pentair price target lowered to $117 from $130 at Baird
- Pentair price target lowered to $120 from $126 at Citi
