Pentair price target raised to $115 from $110 at Oppenheimer

Oppenheimer analyst Bryan Blair raised the firm’s price target on Pentair (PNR) to $115 from $110 and keeps an Outperform rating on the shares. The firm notes that it recently toured Pentair’s Filtration Solutions plant in Hanover Park, IL, learning about Everpure’s history, manufacturing process, technology leadership, and plethora of commercial water treatment applications. Oppenheimer also discussed Water Solutions growth strategy and transformation initiatives with segment President Adrian Chiu, coming away incrementally positive on 2025-2026 core growth prospects and sustained, needle-moving ROS expansion.