UBS Maintains a 'Neutral' on Pentair (PNR); Still Sidelined After In-line Q4

UBS maintains a 'Neutral' on Pentair (NYSE: PNR) price target raised from $33 to $36.

UBS analyst says, "Our take on 4Q: in line adjusted for tax rate, lower shares...Key estimate revs: puts and takes in Water; ROIC rising for wrong reason...Our view on the stock: valuation reasonable given end market pressures."

For an analyst ratings summary and ratings history on Pentair click here. For more ratings news on Pentair click here.

Shares of Pentair closed at $36.82 yesterday.

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