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.”
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Read More on PH:
- Parker-Hannifin price target raised to $1,074 from $1,006 at Citi
- Parker-Hannifin price target raised to $990 from $950 at Barclays
- Parker-Hannifin price target raised to $1,000 from $925 at Wells Fargo
- Parker-Hannifin price target raised to $1,050 from $935 at KeyBanc
- Parker-Hannifin initiated with an Overweight at JPMorgan
