Parker-Hannifin price target raised to $945 from $725 at Morgan Stanley

Morgan Stanley analyst Christopher Snyder raised the firm’s price target on Parker-Hannifin (PH) to $945 from $725 and keeps an Equal Weight rating on the shares. While the firm expects largely in-line Q4 results among its Multi-Industry coverage, it says the focus will be on 2026 guidance and adds that it continues to think “positive forward revisions will be a rarity this EPS season.”