Parker Hannifin shares are trading higher after Morgan Stanley raised its price target on the stock from $408 to $448.
Portfolio Pulse from Benzinga Newsdesk
Parker Hannifin's stock price is expected to rise after Morgan Stanley increased its price target from $408 to $448.
August 07, 2023 | 5:57 pm
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Morgan Stanley has raised its price target for Parker Hannifin from $408 to $448, indicating a positive outlook for the stock.
Morgan Stanley's price target increase for Parker Hannifin suggests that they believe the stock will perform well in the short term. This could lead to increased investor confidence and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100