JPMorgan raised the firm’s price target on Parker-Hannifin (PH) to $1,083 from $1,050 and keeps an Overweight rating on the shares. The firm adjusted ratings and targets in the electrical equipment and multi-industry group as part of its Q4 earnings preview. JPMorgan is more positive on “growth related names into and out of the quarter.”
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Read More on PH:
- Parker-Hannifin price target raised to $945 from $725 at Morgan Stanley
- Parker-Hannifin price target raised to $1,074 from $1,006 at Citi
- Parker-Hannifin price target raised to $990 from $950 at Barclays
- Parker-Hannifin price target raised to $1,000 from $925 at Wells Fargo
- Parker-Hannifin price target raised to $1,050 from $935 at KeyBanc