 JP Morgan analyst Stephen Tusa double downgraded Pentair PLC NYSE:PNR to Underweight from Overweight with a price target of 65 implying a downside of 15.42, down from 75. Tusa says the stocks valuation now more than discounts most of the upside from a better than expected outcome on earnings for the past two years, mainly on the back of Covid benefits in Aquatics. 