Barclays Maintains Overweight on Parker Hannifin, Raises Price Target to $703
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has maintained an Overweight rating on Parker Hannifin and raised the price target from $650 to $703.
October 02, 2024 | 6:07 pm
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Barclays has maintained its Overweight rating on Parker Hannifin and increased the price target from $650 to $703, indicating a positive outlook.
The increase in the price target from $650 to $703 by Barclays suggests a positive outlook for Parker Hannifin, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100