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Fly News Breaks for November 18, 2019
PH
Nov 18, 2019 | 06:12 EDT
Barclays analyst Julian Mitchell reinstated coverage of Parker-Hannifin with an Overweight rating and $227 price target. The stock remains out of favor with the investment community, but the recent earnings report suggests "grounds for optimism," Mitchell tells investors in a research note. He believes a recovery has not yet been priced into U.S. Multi-Industry stocks.
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