Bank of America Cuts Pentair Price Target
1 sources·2 updates
Daily snapshot
This topic is included in the Trace archive for Sunday, April 26, 2026.
Bank of America has lowered its price target for Pentair to $88 from $100 due to a weak earnings outlook for the upcoming quarter. The firm anticipates that Pentair's earnings per share (EPS) will fall at the low end of guidance for building product manufacturers, prompting a reduction in EPS forecasts for 2026 and 2027 by 4% and 3%, respectively.
Key Points
Stifel Financial also reduced its price target for Pentair to $110 from $126.
Bank of America maintains an Underperform rating on Pentair.
Timeline
Get personalized news summaries delivered to your feed
Try Trace Free