Pentair to Present at J.P. Morgan Investor Conference

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JPMorgan Relays Impressions from Conference Chat with Pentair (PNR) CEO

March 12, 2024 1:33 PM EDT

JPMorgan analyst C. Stephen Tusa, Jr reiterated a Neutral rating on Pentair (NYSE: PNR).

The analyst comments "They recently confirmed 1Q and 2024 guidance at their investor day. On the near term, demand signals at Pool have not changed as it is a business that is consistent and predictable. Its a book and ship business with 50% of sales going to Pool Corp and it is playing out as expected. They are not assuming an... More