Barclays Maintains Overweight on Pentair, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on Pentair (NYSE:PNR) and raises the price target from $66 to $70.
July 10, 2023 | 2:41 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Pentair and raises the price target from $66 to $70, indicating a positive outlook for the company.
The raised price target by Barclays indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100