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Fly News Breaks for April 9, 2018
PH
Apr 9, 2018 | 07:12 EDT
Stifel analyst Nathan Jones said his recent survey of 50 Parker-Hannifin North American distributors is supportive of North American year-over-year organic revenue growth of at least 7% and the consensus view of up total growth being up about 21%. However, the analyst, who noted that comparisons will become more difficult for Parker-Hannifin after Q3, lowered his price target on the shares to $200 from $232. He maintains a Buy rating on Parker-Hannifin.
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.