Raymond James Maintains Outperform on Parker Hannifin, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Tim Thein has maintained an 'Outperform' rating on Parker Hannifin and increased the price target from $610 to $650.
September 04, 2024 | 1:13 pm
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Raymond James has reaffirmed its 'Outperform' rating for Parker Hannifin and increased the price target to $650, indicating confidence in the company's future performance.
The increase in the price target from $610 to $650 by Raymond James suggests a positive outlook on Parker Hannifin's future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100