Parker to Acquire Filtration Company CLARCOR in a Strategic Portfolio Transaction
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Jefferies Raises Price Target on Parker-Hannifin (PH) Ahead of Acquisition Close
December 5, 2016 8:31 AM ESTJefferies 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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