Fly News Breaks for July 12, 2019
Jul 12, 2019 | 07:24 EDT
BofA Merrill Lynch analyst Andrew Obin downgraded Parker-Hannifin (PH) to Neutral from Buy and double downgraded Rexnord (RXN) to Underperform from Buy, calling them both short-cycle exposed industrials for which he sees limited room for either multiple expansion or upward EPS revisions given slower global growth, trade uncertainty, and declining short cycle orders.
News For PH;RXN From the Last 2 Days
There are no results for your query PH;RXN