Baird analyst Mircea Dobre raised the firm’s price target on Parker-Hannifin (PH) to $930 from $809 and keeps an Outperform rating on the shares. The firm updated its model following strong Q1 results and the belief that Industrial should continue to build momentum.
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 $935 from $825 at KeyBanc
- Parker-Hannifin price target raised to $906 from $785 at Barclays
- Parker Hannifin Reports Strong Q1 Earnings Growth
- Early notable gainers among liquid option names on November 6th
- Parker-Hannifin reports Q1 adjusted EPS $7.22, consensus $6.62