Citigroup Maintains Neutral on Parker Hannifin, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Neutral rating on Parker Hannifin (NYSE:PH) and raises the price target from $370 to $425.
July 18, 2023 | 3:58 pm
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Citigroup maintains a Neutral rating on Parker Hannifin and raises the price target from $370 to $425.
The news directly pertains to Parker Hannifin (PH). The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at its current price. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100