PNR - Pentair's Structural Margin Enhancements Undervalued Analyst Sees Positive Momentum In Pool Business | Benzinga
KeyBanc analyst Jeffrey Hammond upgraded the shares of Pentair Plc (NYSE: PNR) from Sector Weight to Overweight with a price target of $82.
The analyst says investors' concerns about Pentair's Pool segment are overdone and sees an attractive setup for the business moving forward in 2024.
The absence of de-stocking provides meaningful tailwinds, writes the analyst.
While the analyst says most of the ...