Pentair price target raised to $94 from $88 at Stifel

Stifel raised the firm’s price target on Pentair to $94 from $88 and keeps a Buy rating on the shares after having attended Pentair’s analyst day in New York. The firm came away feeling confident in the “realistic” 2026 targets set by the company and sees potential for “material upside to the margins with strong execution and decent market conditions,” the analyst tells investors.