Barclays Maintains Overweight on Pentair, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Overweight rating on Pentair (NYSE:PNR) and increased the price target from $90 to $92.
April 02, 2024 | 6:40 pm
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Barclays has maintained an Overweight rating on Pentair and raised the price target from $90 to $92.
The increase in price target by Barclays, a major financial institution, reflects a positive outlook on Pentair's future performance. This endorsement is likely to instill confidence in investors, potentially leading to a short-term increase in the stock price.
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