Mizuho Maintains Neutral on Parker Hannifin, Raises Price Target to $550
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Brett Linzey has maintained a Neutral rating on Parker Hannifin (NYSE:PH) and increased the price target from $490 to $550.

May 03, 2024 | 12:16 pm
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Mizuho has maintained a Neutral rating on Parker Hannifin but raised the price target from $490 to $550.
The increase in price target by Mizuho suggests a positive outlook on Parker Hannifin's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for PH, likely leading to increased investor interest and potentially a rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100