Baird analyst Mircea Dobre raised the firm’s price target on Parker-Hannifin (PH) to $960 from $930 and keeps an Outperform rating on the shares. The firm updated its model following the announcement of its filtration acquisition which Baird said they like.
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Read More on PH:
- Parker-Hannifin price target raised to $1,000 from $960 at Susquehanna
- Parker Hannifin Announces $9.25B Acquisition of Filtration Group
- Midday Fly By: SoftBank exits Nvidia, CoreWeave cuts guidance
- Parker-Hannifin price target raised to $775 from $650 at TD Cowen
- Parker-Hannifin to acquire Filtration Group Corporation for $9.25B
