Barclays raised the firm’s price target on Parker-Hannifin (PH) to $776 from $750 and keeps an Overweight rating on the shares. The firm says the company’s discipline on capital deployment has served it well.
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Read More on PH:
- Parker Hannifin Reports Record Year and Positive Outlook
- Parker-Hannifin reports Q4 adjusted EPS $7.69, consensus $7.08
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- PH Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Parker-Hannifin price target raised to $717 from $709 at Stifel