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Fly News Breaks for June 27, 2016
PH
Jun 27, 2016 | 06:11 EDT
JPMorgan analyst Ann Duignan downgraded Parker-Hannifin to Underweight saying durable goods orders weakened in May, which is likely to weigh on the company's FY17 outlook. The analyst lowered her price target for the shares to $98 from $110.
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