Pentair (PNR) Tops Q3 EPS by 6c, Guides Below the Street
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RBC Capital Cuts Price Target on Pentair (PNR) to $66 Following 3Q Report
October 26, 2016 8:07 AM EDTRBC Capital maintained an Outperform rating on Pentair (NYSE: PNR), and cut the price target to $66.00 (from $73.00), following the company's 3Q earnings report. PNR lowered 2016 guidance on lack of seasonal 4Q demand uptick due to industrial recession. 2016 EPS guidance was cut by -3.8% to a new... More
