Barclays Maintains Overweight on Pentair, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Overweight rating on Pentair (PNR) and increased the price target from $83 to $90.
March 07, 2024 | 12:15 pm
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Barclays has maintained an Overweight rating on Pentair and raised the price target from $83 to $90.
The upgrade in price target by Barclays, a major financial institution, reflects a positive outlook on Pentair's future performance. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100