Barclays analyst Julian Mitchell raised the firm’s price target on Pentair to $82 from $70 and keeps an Overweight rating on the shares. The analyst thinks the company’s Q2 report “was encouraging in several respects.” $5.00 of earnings per share in 2025 remains very credible, implying the stock could reach $100 sometime in 2024, the analyst tells investors in a research note.
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