RBC Capital Maintains Outperform on Pentair, Lowers Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on Pentair (NYSE:PNR) but lowers the price target from $103 to $99.
June 25, 2024 | 12:06 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Pentair but lowers the price target from $103 to $99.
The Outperform rating suggests continued confidence in Pentair's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100