KeyBanc raised the firm’s price target on Parker-Hannifin to $640 from $575 to reflect incremental confidence in sustained strong execution and organic/inorganic portfolio enhancements. The firm keeps an Overweight rating on the shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PH:
- Parker to Host 2024 Investor Meeting in New York on May 16 at 2:00 p.m. Eastern Time
- Parker-Hannifin price target raised to $629 from $588 at Stifel
- Parker-Hannifin named short-term buy idea at Deutsche Bank
- Parker-Hannifin price target raised to $625 from $558 at Barclays
- GD, CSX, PH: Can These “Strong Buy” Industrial Stocks Keep Rising?