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Bank of America Cuts Pentair (PNR) PT to $88, Sees Weak Q1 Ahead
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Pentair plc (NYSE:PNR) is included among the 10 Best Dividend Aristocrat Stocks to Buy in 2026. On April 20, Shaun Calnan at Bank of America lowered the price recommendation on Pentair plc (NYSE:PNR) to $88 from $100. It reiterated an Underperform rating on the shares. The firm expects Q1 earnings to come in at the low end of guidance for most building product manufacturers and distributors. It also reduced its 2026 and 2027 EPS forecasts for the group by 4% and 3%, respectively, as noted in an earnings preview. On April 14, Stifel Financial lowered its price target on Pentair to $110 from $126 while maintaining a Buy rating. The firm said Q1 earnings season is likely to “provide few surprises or guidance changes to act as catalysts” across its flow control and multi-industry coverage, according to its preview. Pentair plc (NYSE:PNR) provides a broad range of water solutions designed to be smart and sustainable. It serves homes, businesses, and industrial customers globally. The company operates through three segments: Flow, Water Solutions, and Pool. While we acknowledge the potential of PNR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Food Stocks with Highest Dividends and 10 Best Bear Market Stocks to Invest In Right Now Disclosure: None. Follow Insider Monkey on Google News.
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