Citi raised the firm’s price target on Parker-Hannifin (PH) to $1,006 from $960 and keeps a Buy rating on the shares as part of a 2026 outlook for the engineering and construction group. The firm sees artificial intelligence driving continued growth for the sector in 2026. Quanta Services remains Citi’s top overall pick.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $950 from $906 at Barclays
- Parker-Hannifin initiated with an Outperform at BNP Paribas Exane
- Parker-Hannifin price target raised to $960 from $930 at Baird
- Parker-Hannifin price target raised to $1,000 from $960 at Susquehanna
- Parker Hannifin Announces $9.25B Acquisition of Filtration Group