Truist Raises its Price Target on Parker-Hannifin (PH)

On July 2, 2026, Truist expert Jamie Cook raised the firm's terms people connected Parker-Hannifin Corporation (NYSE:PH) to $1,269 from $1,147 and kept a Buy standing connected the shares. Cook adjusted estimates and targets successful the machinery, infrastructure services, and multi-industry radical arsenic portion of a Q2 preview. Cook said Truist sees a affirmative setup for Q2 net reports crossed the sector, with request trends remaining beardown and supported by secular maturation tailwinds successful power, information center, aerospace and defense, and infrastructure.

On June 30, Deutsche Bank expert Nicole Deblase placed a "Catalyst call: Buy" connected shares of Parker-Hannifin arsenic a short-term concern idea. Deblase said the stock's year-to-date underperformance volition proceed its caller reversal, arsenic investors progressively question retired short-cycle concern exposure.

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On June 10, Bernstein expert Varun Govindaraj initiated sum of Parker-Hannifin with an Outperform standing and $1,026 terms target. Govindaraj cited Parker-Hannifin's past of "operational excellence" and its continued displacement to higher margin, higher maturation markets and stickier gross streams arsenic reasons for the stock's premium multiple.

Parker-Hannifin Corporation (NYSE:PH) manufactures and sells question and power technologies and systems for aerospace and defense, in-plant and concern equipment, transportation, off-highway, energy, and HVAC and refrigeration markets successful North America, Europe, Asia Pacific, and Latin America.

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