Goldman Sachs Maintains Neutral on Pentair, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brian Lee maintains a Neutral rating on Pentair (NYSE:PNR) but raises the price target from $93 to $103.

October 23, 2024 | 3:37 pm
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Goldman Sachs has maintained its Neutral rating on Pentair but increased the price target from $93 to $103, indicating a positive outlook on the stock's potential.
The increase in the price target from $93 to $103 by Goldman Sachs suggests a positive outlook for Pentair's stock, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may interpret the higher target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100