Truist raised the firm’s price target on Parker-Hannifin (PH) to $1,147 from $1,139 and keeps a Buy rating on the shares. The firm cites the company’s Q3 earnings beat and notes that Parker-Hannifin continues to see strong order momentum reflecting broader based demand in both short and long cycle markets, the analyst tells investors in a research note.
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Read More on PH:
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