Keybanc Maintains Overweight on Parker Hannifin, Raises Price Target to $725
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jeffrey Hammond maintains an Overweight rating on Parker Hannifin and raises the price target from $640 to $725.
October 14, 2024 | 12:03 pm
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Keybanc analyst Jeffrey Hammond has maintained an Overweight rating on Parker Hannifin and increased the price target from $640 to $725, indicating a positive outlook on the stock.
The increase in the price target from $640 to $725 by Keybanc suggests a strong positive outlook for Parker Hannifin. The maintained Overweight rating indicates confidence in the company's performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100