Bernstein Adjusts Price Target on Parker-Hannifin to $1,218 From $1,037, Maintains Outperform Rating
Bernstein has raised its price target for Parker-Hannifin (NYSE: PH) to $1,218 from $1,037, while maintaining an Outperform rating. This adjustment follows several other analyst price target increases for the company, indicating strong positive sentiment. Parker-Hannifin recently completed the acquisition of Filtration Group Corporation.