Parker-Hannifin resumed with an Equal Weight at Morgan Stanley
The Fly

Parker-Hannifin resumed with an Equal Weight at Morgan Stanley

Morgan Stanley analyst Joshua Pokrzywinski resumed coverage of Parker-Hannifin with an Equal Weight rating and $311 price target. While portfolio shifts towards longer-cycle end markets provide a more constructive outlook amid short-cycle slowdown risk, he sees less valuation support from short-term margin catalysts, Pokrzywinski tells investors.

Published first on TheFly

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