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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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