UBS initiated coverage of Parker-Hannifin (PH) with a Buy rating and $842 price target The firm sees earnings upside at a “favorable valuation.” It expects continued strength in Aerospace, a return to growth of Industrial, and potential for additional acquisitions. The upper end of the Parker-Hannifin’s fiscal 2025 guide is achievable, the analyst tells investors in a research note.
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Read More on PH:
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