Morgan Stanley Maintains Equal-Weight on Parker Hannifin, Raises Price Target to $448
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 $408 to $448.

August 07, 2023 | 3:44 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Parker Hannifin and raised the price target from $408 to $448.
The news of Morgan Stanley maintaining an Equal-Weight rating on Parker Hannifin and raising the price target is directly related to the company and is likely to have a positive impact on its stock price in the short term. Investors may see this as a sign of confidence in the company's performance and future prospects, which could drive buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100