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.
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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
