Citi analyst Andrew Kaplowitz raised the firm’s price target on Parker-Hannifin (PH) to $831 from $709 and keeps a Buy rating on the shares. The firm adjusted targets in the industrial conglomerate group as part of a Q2 earnings preview. It expects most in the sector to report solid results and slightly increase 2025 earnings outlooks.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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 $709 from $670 at Stifel
- Parker-Hannifin price target raised to $725 from $700 at Morgan Stanley
- Parker-Hannifin price target raised to $750 from $700 at Barclays
- Parker-Hannifin price target raised to $770 from $670 at Wells Fargo
- Parker Hannifin’s Strategic Acquisition of Curtis Instruments Justifies Buy Rating