Truist Securities Maintains Buy on Parker Hannifin, Raises Price Target to $788
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Parker Hannifin and increased the price target from $673 to $788, indicating confidence in the company's future performance.
October 09, 2024 | 4:14 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating on Parker Hannifin and increased the price target to $788, suggesting a positive outlook for the company's stock.
The increase in the price target from $673 to $788 by Truist Securities indicates a strong positive outlook for Parker Hannifin. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100