Stifel Maintains Buy on Parker Hannifin, Raises Price Target to $691
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones maintains a Buy rating on Parker Hannifin and raises the price target from $633 to $691.
October 02, 2024 | 3:26 pm
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POSITIVE IMPACT
Stifel analyst Nathan Jones has reiterated a Buy rating for Parker Hannifin and increased the price target from $633 to $691, indicating confidence in the company's future performance.
The increase in the price target from $633 to $691 by Stifel suggests a positive outlook on Parker Hannifin's future performance. The Buy rating indicates that the analyst expects the stock to outperform, which could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100