Barclays Maintains Overweight on Pentair, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Overweight rating on Pentair (NYSE:PNR) and increased the price target from $96 to $105.
October 02, 2024 | 6:08 pm
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Barclays has reaffirmed its Overweight rating on Pentair and increased the price target to $105, indicating a positive outlook.
The increase in price target from $96 to $105 by Barclays suggests a positive outlook for Pentair, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100