Truist Securities Maintains Buy on Parker Hannifin, Raises Price Target to $611
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jamie Cook has maintained a Buy rating on Parker Hannifin (NYSE:PH) and increased the price target from $602 to $611.
May 03, 2024 | 2:03 pm
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Truist Securities maintains a Buy rating on Parker Hannifin and raises the price target to $611.
The increase in price target by Truist Securities reflects a positive outlook on Parker Hannifin, suggesting confidence in the company's future performance. This analyst action can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100