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Parker-Hannifin price target raised to $1,139 from $1,097 at Truist

Truist raised the firm’s price target on Parker-Hannifin (PH) to $1,139 from $1,097 and keeps a Buy rating on the shares. The firm cites the company’s Q2 earnings beat while noting that its margin performance also continues to be strong, the analyst tells investors in a research note.

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