Where Parker Hannifin Stands With Analysts
Portfolio Pulse from Benzinga Insights
Parker Hannifin (NYSE:PH) has received mostly bullish and somewhat bullish ratings from analysts in the last quarter. The average 12-month price target for the company has increased by 3.23% from the previous average, now standing at $405.33.
July 12, 2023 | 2:01 pm
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POSITIVE IMPACT
Parker Hannifin has received positive analyst ratings, which could boost investor confidence and potentially drive the stock price up in the short term.
Analyst ratings often influence investor sentiment. The predominantly bullish ratings for Parker Hannifin indicate a positive outlook for the company, which could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100