Argus analyst John Eade lowered the firm’s price target on Parker-Hannifin (PH) to $680 from $780 but keeps a Buy rating on the shares. The firm’s price target is reduced to take into account the potential impact of trade wars on pricing and demand, though longer-term, Argus remains positive on this well-managed company that is on track to achieve its long-term goals of raising margins and growing earnings. The firm adds that it expects Parker to focus on electrification, clean technologies, digitization and aerospace.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PH:
- Parker-Hannifin price target raised to $770 from $717 at Truist
- Parker-Hannifin price target lowered to $742 from $763 at Baird
- Parker-Hannifin price target raised to $735 from $690 at KeyBanc
- Parker Hannifin Reports Strong Q3 2025 Results
- Parker-Hannifin’s Balanced Earnings Call: Record Margins Amid Challenges
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue