TD Cowen calls Pentair 'strong' after Q2 earnings beat

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Pentair Berita

Josh Lipton,Water Treatment Company,Research Note

TD Cowen has issued an optimistic research note on Pentair (PNR) following the company's robust second-quarter earnings report. Despite facing challenges...

) following the company's robust second-quarter earnings report. Despite facing challenges that could impact its revenue, the investment firm characterizes the water treatment company as"strong."A TD Cowan is out with a new note on Pentair and analysts saying the company is strong in the face of top line pressure after reporting solid second quarter earnings.

And so the fact that the numbers were better really is a relief here, Yes, a performance better than feared. Uh, they talk about how growth in pool volumes uh, flat industrial helped offset continued weakness in the residential and commercial businesses, Companies saying expect stronger margin expansion than previously guided.Berkshire Hathaway trimmed its holdings of Bank of America stock for the first time in at least four years. U.S. Bancorp, Wells Fargo, Bank of New York Mellon, and HP Inc. were once large positions at Berkshire and have been eliminated.

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