JP Morgan Raises Parker Hannifin's Price Target to $1100, Maintains 'Overweight' Rating
ByAinvest
Saturday, Jan 31, 2026 3:23 am ET1min read
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JP Morgan raised Parker Hannifin's price target to $1100, maintaining an 'Overweight' rating. The increase marks a 1.57% boost from the previous target of $1083.00. This adjustment reflects continued confidence in the company's performance. Parker Hannifin started as Parker Appliance in 1917, selling pneumatic brakes, and has expanded into aerospace, agriculture, construction, and industrial automation equipment. Its products include hydraulic, electromechanical, climate control, and filtration components.
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