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Pentair price target raised to $133 from $126 at Citi

Citi analyst Andrew Kaplowitz raised the firm’s price target on Pentair (PNR) to $133 from $126 and keeps a Buy rating on the shares as part of a Q3 earnings preview for the industrials and conglomerates group. The firm expects bifurcation in the reports, with data center demand accelerating while demand trends elsewhere are more mixed.

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