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Fly News Breaks for December 2, 2016
PH
Dec 2, 2016 | 08:10 EDT
After Parker-Hannifin (PH) announced that it agreed to acquire leading filtration company Clarcor (CLC) for $83 per share, Stifel analyst Nathan Jones says that Parker-Hannifin "can realize significant value from both cost and growth synergies" as a result of the deal. He raised his price target on the stock to $162 from $141 and keeps a Buy rating on the shares.
News For PH From the Last 2 Days
PH
Apr 25, 2024 | 17:01 EDT
Parker Hannifin has declared a quarterly cash dividend of $1.63 per share of common stock to shareholders of record as of May 10, payable June 7.
