Citi raised the firm’s price target on Parker-Hannifin (PH) to $1,092 from $1,074 and keeps a Buy rating on the shares. The post-earnings share rally is due to the company’s “robust” orders, execution and demand trends, the analyst tells investors in a research note.
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Read More on PH:
- Parker-Hannifin price target raised to $1,020 from $990 at Barclays
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