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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Read More on PH:
- Parker-Hannifin price target raised to $1,050 from $960 at Baird
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- Parker-Hannifin price target raised to $1,092 from $1,074 at Citi
- Parker-Hannifin price target raised to $1,020 from $990 at Barclays
