TD Cowen Maintains Hold on Parker Hannifin, Raises Price Target to $520
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Joseph Giordano maintains a Hold rating on Parker Hannifin and raises the price target from $500 to $520.
September 11, 2024 | 1:46 pm
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POSITIVE IMPACT
TD Cowen analyst Joseph Giordano maintains a Hold rating on Parker Hannifin and raises the price target from $500 to $520, indicating a positive outlook.
The increase in the price target from $500 to $520 suggests a positive outlook for Parker Hannifin, which could lead to a short-term price increase. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100