Argus Research Maintains Buy on Parker Hannifin, Raises Price Target to $590
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst John Eade maintains a Buy rating on Parker Hannifin (NYSE:PH) and raises the price target from $550 to $590.
May 06, 2024 | 3:24 pm
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Argus Research maintains a Buy rating on Parker Hannifin and raises the price target from $550 to $590.
The upgrade in the price target by Argus Research suggests a positive outlook on Parker Hannifin's stock, likely due to strong fundamentals or growth prospects. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100