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Fly News Breaks for October 26, 2015
PH
Oct 26, 2015 | 08:28 EDT
As previously reported, BofA/Merrill downgraded Parker-Hannifin to Neutral from Buy and lowered its price target to $108 from $114. Analyst Andrew Orbin said the company cut its FY16 earnings outlook well below the street and sees limited positive catalysts in the medium term to move shares higher.
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