Pentair's Stock Target Increased by JPMorgan and Citi Amid Analyst Confidence

Reported 2 days ago

Pentair plc (NYSE:PNR), a leader in water treatment technology and a consistent dividend payer, sees increased analyst confidence as JPMorgan raises its target price from $116 to $126 while maintaining an Overweight rating. Citi also boosts its target to $133 with a Buy rating. Despite a cautious outlook on the sector, analysts find the current valuations appealing, highlighting Pentair's strong dividend history, having increased payments for 49 consecutive years.

Source: YAHOO

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