Barclays Maintains Overweight on Parker Hannifin, Raises Price Target to $470
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on Parker Hannifin (NYSE:PH) and raises the price target from $425 to $470.
August 04, 2023 | 3:53 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Parker Hannifin and raises the price target from $425 to $470, indicating a positive outlook for the company.
The raised price target by Barclays 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