Wells Fargo Maintains Overweight on Parker Hannifin, Raises Price Target to $425
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Joe O'Dea maintains an Overweight rating on Parker Hannifin (NYSE:PH) and raises the price target from $380 to $425.
July 10, 2023 | 3:49 pm
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Parker Hannifin and raises the price target from $380 to $425, indicating a positive outlook for the company.
The raised price target by Wells Fargo indicates a positive outlook for Parker Hannifin. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100