Stifel Maintains Buy on Parker Hannifin, Lowers Price Target to $613
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones maintains a Buy rating on Parker Hannifin (NYSE:PH) but lowers the price target from $629 to $613.

July 18, 2024 | 3:47 pm
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Stifel analyst Nathan Jones maintains a Buy rating on Parker Hannifin but lowers the price target from $629 to $613.
The Buy rating suggests continued confidence in Parker Hannifin's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100