B of A Securities Upgrades Parker Hannifin to Buy, Raises Price Target to $475
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Andrew Obin has upgraded Parker Hannifin (NYSE:PH) from Neutral to Buy and raised the price target from $435 to $475.
October 05, 2023 | 1:49 pm
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Parker Hannifin has been upgraded from Neutral to Buy by B of A Securities, with a raised price target from $435 to $475.
The upgrade from Neutral to Buy indicates a positive outlook for Parker Hannifin. The raised price target suggests that the analyst believes the stock has potential for significant growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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