Cracking The Code: Understanding Analyst Reviews For Parker Hannifin
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse evaluations of Parker Hannifin (NYSE:PH) over the past three months, with a general trend towards bullish sentiment. The average 12-month price target has increased by 3.06% to $635.55. Analysts have adjusted their ratings and price targets, reflecting positive expectations for the company's performance.
September 04, 2024 | 3:01 pm
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Parker Hannifin has received predominantly bullish analyst ratings over the past three months, with an increase in the average 12-month price target to $635.55. This suggests positive expectations for the company's future performance.
The majority of analysts have raised their ratings and price targets for Parker Hannifin, indicating a positive outlook. The increase in the average price target suggests expectations of growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100