Pentair Ltd. (PNR) Tops Q2 EPS by 1c; Updates FY15 EPS Outlook
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Jefferies Downgrades Pentair (PNR) to Hold
July 22, 2015 7:04 AM EDTJefferies downgraded Pentair (NYSE: PNR) from Buy to Hold with a price target of $63.00 (from $72.00).
Analyst R. Scott Graham commented, "We are lowering our investment rating to Hold from Buy. 2Q15 was worse than we expected but more importantly highlighted poor decremental... More
