Morgan Stanley Maintains Equal-Weight on Parker Hannifin, Raises Price Target to $408
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Joshua Pokrzywinski has maintained an Equal-Weight rating on Parker Hannifin (NYSE:PH) and raised the price target from $380 to $408.
July 12, 2023 | 1:36 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Parker Hannifin and raised the price target from $380 to $408.
The raised price target by Morgan Stanley indicates a positive outlook for Parker Hannifin. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100