Baird raised the firm’s price target on Pentair (PNR) to $121 from $107 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results which contained few surprises.
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Read More on PNR:
- Pentair price target raised to $122 from $118 at Mizuho
- Pentair’s Mixed Outlook: Hold Rating Amid Strong Earnings but Weak Demand and Market Challenges
- TD downgrades Pentair on lack of end market recovery
- Pentair downgraded to Hold from Buy at TD Cowen
- Pentair price target raised to $117 from $116 at Barclays