Oppenheimer Maintains Outperform Rating on Pentair (PNR)

Pentair plc (NYSE:PNR) is one of the 15 best Industrial Machinery and Supplies stocks to buy according to Hedge Funds. On February 4, Bryan Blair of Oppenheimer maintained his Outperform rating on Pentair plc (NYSE:PNR) but lowered his price target from $128 to $122. Despite this downward revision, his forecast still yields roughly 16% upside potential from the prevailing level. Pixabay/Public Domain Blair’s revision came at the back of the company’s results announcement for the fourth quarter, registe ...