- Firm cuts Pentair (NYSE:PNR) to Neutral from Overweight.
- Cuts price target to $64 from $68. Implied downside 2.7%.
- PNR is -11% since reporting Q4 earnings on Feb. 3.
- Previously: Pentair beats by $0.03, misses on revenue (Feb. 3)
- Previously: More on Pentair's Q4 (Feb. 3)
- Related: Pentair - A Good Stock To Hold For Big Profits (Feb. 4)
- Related: Pentair's CEO Randy Hogan on Q4 2014 Results - Earnings Call Transcript (Feb. 3)