Barclays Maintains Overweight on Pentair, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Overweight rating on Pentair (NYSE:PNR) and increased the price target from $92 to $95.
April 24, 2024 | 3:47 pm
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Barclays has maintained an Overweight rating on Pentair and raised the price target from $92 to $95.
The increase in price target by Barclays reflects a positive outlook on Pentair's future performance. This endorsement from a major financial institution could lead to increased investor confidence in PNR, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100