RBC Capital Maintains Outperform on Pentair, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Deane Dray maintains an Outperform rating on Pentair (NYSE:PNR) and raises the price target from $101 to $115.

October 23, 2024 | 7:25 pm
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RBC Capital has increased its price target for Pentair from $101 to $115 while maintaining an Outperform rating. This suggests confidence in Pentair's future performance.
The increase in price target from $101 to $115 by RBC Capital indicates a positive outlook on Pentair's future performance. Maintaining an Outperform rating suggests that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100