Parker-Hannifin price target raised to $950 from $906 at Barclays

Barclays analyst Julian Mitchell raised the firm’s price target on Parker-Hannifin (PH) to $950 from $906 and keeps an Overweight rating on the shares as part of a 2026 outlook for the multi-industry group. A neutral sector view remains appropriate into next year, but expectations are low on end-markets beyond data centers, electric utilities and aerospace, the analyst tells investors in a research note.