Evercore ISI Group Maintains Outperform on Parker Hannifin, Raises Price Target to $656
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on Parker Hannifin and raised its price target from $620 to $656, indicating a positive outlook for the company's stock.
August 19, 2024 | 2:13 pm
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Evercore ISI Group has maintained an 'Outperform' rating on Parker Hannifin and increased the price target from $620 to $656, suggesting confidence in the company's future performance.
The 'Outperform' rating and increased price target from a reputable analyst firm like Evercore ISI Group typically signals a positive outlook for the stock, likely leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100