Bernstein Initiates Coverage of Parker-Hannifin with 'Outperform' Rating
On June 10, Bernstein analyst Varun Govindaraj initiated coverage of Parker-Hannifin Corporation (NYSE:PH) with an ‘Outperform’ rating and a price target of $1,026. This implies over 13% upside from current levels. The firm cited the company's operational excellence and transition toward higher growth markets as key factors.
Tickers: $PH