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Notable Mergers and Acquisitions 12/1: (PH)/(CLC) (KZ) (WAB) (CA)

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Jefferies Raises Price Target on Parker-Hannifin (PH) Ahead of Acquisition Close

December 5, 2016 8:31 AM EST

Jefferies reiterated a Hold rating on Parker-Hannifin (NYSE: PH), and raised the price target to $145.00 (from $110.00), after updating the company model. The update comes as PH prepares to close on its acquisition of CLARCOR (NYSE: CLC).
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