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Fly News Breaks for January 13, 2017
PH
Jan 13, 2017 | 09:05 EDT
As noted earlier, BMO Capital upgraded Parker-Hannifin to Outperform from Market Perform. Analyst Joel Tiss upgraded the stock based on changes the company has made to its business principals, especially its decision to increase its operating margin target to 17% from 15%. The analyst says that the changes should lead to improved results and greater multiple expansion. Target to $175 from $125.
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