KeyBanc analyst Jeffrey Hammond raised the firm’s price target on Parker-Hannifin (PH) to $825 from $810 as benefits from the company’s more cyclically balanced portfolio shows through. The firm keeps an Overweight rating on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 $874 from $831 at Citi
- Parker-Hannifin price target raised to $910 from $822 at Truist
- Parker Hannifin’s Resilience and Strategic Growth Drive Buy Rating
- Parker-Hannifin price target raised to $785 from $776 at Barclays
- Parker-Hannifin completes Curtis Instruments acquisition