BofA analyst Andrew Obin upgraded Parker-Hannifin to Buy from Neutral with a price target of $475, up from $435. The firm calls Parker-Hannifin a “good company for uncertain times” and sees it having “long runway” for a re-rating of the shares.
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Read More on PH:
- Parker Scheduled to Present at the Morgan Stanley Annual Laguna Conference on September 13 at 9:55 a.m. Pacific Time (12:55 p.m. Eastern Time)
- Parker-Hannifin files automatic mixed securities shelf
- Parker Elects Denise Russell Fleming to its Board of Directors
- Parker Declares Quarterly Cash Dividend
- Parker-Hannifin exec sells $9.86M in common stock