KeyBanc raised the firm’s price target on Parker-Hannifin (PH) to $810 from $790 and keeps an Overweight rating on the shares. Following the company’s Q4 earnings, while normal course for Parker-Hannifin, the firm continues to be impressed by its uniquely strong execution.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PH:
- Parker-Hannifin price target raised to $809 from $722 at Deutsche Bank
- Parker Hannifin: Strong Earnings and Pricing Power Offset by Deceleration in Order Growth and Conservative Guidance
- Parker-Hannifin price target raised to $776 from $750 at Barclays
- Parker Hannifin Reports Record Year and Positive Outlook
- Parker-Hannifin reports Q4 adjusted EPS $7.69, consensus $7.08