BUZZ-Stifel raises Parker-Hannifin's PT amid stable industrial outlook

Reuters
Jan 23
BUZZ-<a href="https://laohu8.com/S/SFB">Stifel</a> raises Parker-Hannifin's PT amid stable industrial outlook

** Stifel raises motion control products maker Parker-Hannifin's PH.N price target to $941 from $869, maintains "hold" rating

** New PT represents a 0.2% upside to stock's last close

** Brokerage expects a stable industrial environment with improved domestic volume over the next year

** The pending acquisition of Filtration Group will garner some questions, but additional information from management is not expected, as the acquisition has not yet closed - Stifel

** 19 of 26 brokerages rate the stock "buy" or higher and seven "hold"; their median PT is $980, according to data compiled by LSEG

** PH gained 39.2% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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