Mizuho analyst Brett Linzey raised the firm’s price target on Parker-Hannifin to $490 from $475 and keeps a Neutral rating on the shares. The company reported another quarterly beat and raise as aerospace continues to fuel growth, the analyst tells investors in a research note.
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Read More on PH:
- Parker Reports Fiscal 2024 Second Quarter Results
- Parker-Hannifin Corp (PH) Q2 Earnings Cheat Sheet
- Parker Declares Quarterly Cash Dividend
- Parker to Announce Fiscal 2024 Second Quarter Earnings on February 1; Conference Call and Webcast Scheduled for 11 a.m. Eastern
- Parker-Hannifin price target raised to $500 from $473 at Barclays
