Goldman Sachs Maintains Buy on Parker Hannifin, Raises Price Target to $430
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Joe Ritchie maintains a Buy rating on Parker Hannifin (NYSE:PH) and raises the price target from $389 to $430.
July 10, 2023 | 2:35 pm
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Goldman Sachs maintains a Buy rating on Parker Hannifin and raises the price target, which could positively impact the stock in the short term.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Goldman Sachs, a highly influential financial institution, has maintained a Buy rating on Parker Hannifin and raised the price target. This suggests a positive outlook for the stock, which could lead to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100