Pentair PLC
PNR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$79.00 | Lncjc | Rqbfqskxx |
Pentair: Raising Fair Value Estimate to $77 Based on Strong Long-Term Outlook
We've raised our fair value estimate for narrow-moat-rated Pentair to $77 from $72 after reviewing the firm's 2024 investor day presentation. Our fair value adjustment reflects our slightly more optimistic midcycle operating margin assumptions.