Jefferies Upgrades Parker-Hannifin (PH) to Buy
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Price: $1,000.13 --0%
Rating Summary:
26 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
Rating Summary:
26 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
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Jefferies upgraded Parker-Hannifin (NYSE: PH) from Hold to Buy with a price target of $92 (up from $80).
On the group, the firm said valuations remain compelling even as they trim estimates to account for slower growth. The firm expects 3Q earnings season to be largely supportive for the group.
For more ratings news on Parker-Hannifin click here and for the rating history of Parker-Hannifin click here.
Shares of Parker-Hannifin closed at $73.61 yesterday.
On the group, the firm said valuations remain compelling even as they trim estimates to account for slower growth. The firm expects 3Q earnings season to be largely supportive for the group.
For more ratings news on Parker-Hannifin click here and for the rating history of Parker-Hannifin click here.
Shares of Parker-Hannifin closed at $73.61 yesterday.
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