The Latest Analyst Ratings for Parker Hannifin
Portfolio Pulse from Benzinga Insights
Parker Hannifin (NYSE:PH) received 5 bullish analyst ratings in the last quarter with no bearish or neutral ratings. The average price target is $484.2, representing an upside from the current price of $438.63. This target has increased by 7.96% from the previous target of $448.50. Analysts typically review stocks quarterly or after major company updates, considering financials, meetings, and insider information.
December 11, 2023 | 12:00 pm
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POSITIVE IMPACT
Parker Hannifin has received a unanimous bullish outlook from analysts with a price target of $484.2, suggesting a potential upside from the current price of $438.63.
The unanimous bullish ratings and the increased price target suggest that analysts see strong potential in Parker Hannifin's future performance. This positive sentiment is likely to influence investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100