Goldman Sachs Downgraded Parker Hannifin (PH) to Sell

April 13, 2009 9:29 AM EDT

Goldman Sachs downgraded Parker Hannifin Corporation (NYSE: PH) from Neutral to Sell and added the stock to its Conviction Sell List. The firm has a $30 price target on the stock.

Parker Hannifin Corporation manufactures fluid power systems, electromechanical controls, and related components worldwide.


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