Pentair price target raised to $80 from $75 at TD Cowen

TD Cowen analyst Joseph Giordano raised the firm’s price target on Pentair to $80 from $75 and keeps an Outperform rating on the shares. The firm said the company margin story is very impressive and more detailswill come in March Investor Day. Pool is growing HSD this year despite market declining and likely accelerates into 2025 with first market growth in 3 years.