Baird analyst Mircea Dobre raised the firm’s price target on Parker-Hannifin (PH) to $710 from $695 and keeps an Outperform rating on the shares post the fiscal Q1 report. The company is managing its tougher end markets very well, the analyst tells investors in a research note. The firm says Parker-Hannifin “keeps finding ways to turn lemons into lemonade which is the mark of a good, well-run business.”
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Read More on PH:
- Parker-Hannifin reports Q1 adjusted EPS $6.20, consensus $6.14
- Parker-Hannifin sees FY25 adjusted EPS $26.35-$27.05, consensus $26.76
- PH Upcoming Earnings Report: What to Expect?
- Parker-Hannifin price target raised to $715 from $665 at Mizuho
- Parker-Hannifin price target raised to $725 from $640 at KeyBanc