|February 10, 2014|
|09:16 EDT||PH||Parker-Hannifin weakness overdone, says MKM Partners|
MKM Partners expects Parker-Hannifin's orders to rebound in its March quarter. The firm views investors' concerns about the company's December quarter results as overdone, and it keeps a $130 price target and Buy rating on the stock.
News For PH From The Last 14 Days
|October 14, 2014|
|11:00 EDT||PH||High option volume stocks|
High option volume stocks: ABG AMJ SWI CIT INVE VIP PH AMLP CSX DPZ
|October 13, 2014|
|10:08 EDT||PH||On The Fly: Analyst Downgrade Summary|
Today's noteworthy downgrades include: Bankrate (RATE) downgraded to Equal Weight from Overweight at Stephens... CME Group (CME) downgraded to Market Perform from Outperform at Wells Fargo... Cliffs Natural (CLF) downgraded to Neutral from Overweight at JPMorgan... Dana Holding (DAN) downgraded to Sector Perform from Outperform at RBC Capital... Darden (DRI) downgraded to Neutral from Overweight at Piper Jaffray... Dover (DOV) downgraded to Neutral at RW Baird... DryShips (DRYS) downgraded to Underperform from Outperform at Imperial Capital... Infineon (IFNNY) downgraded to Neutral from Overweight at JPMorgan... J.C. Penney (JCP) downgraded to Sell from Neutral at UBS... Johnson Controls (JCI) downgraded to Outperform from Top Pick at RBC Capital... Juniper (JNPR) downgraded to Hold from Buy at Argus... Kennametal (KMT) downgraded to Market Perform from Outperform at Wells Fargo... Masco (MAS) downgraded to Equal Weight from Overweight at Barclays... New Gold (NGD) downgraded to Neutral from Overweight at JPMorgan... ON Semiconductor (ONNN) downgraded to Sector Perform from Outperform at Pacific Crest... PBF Energy (PBF) downgraded to Underweight from Equal Weight at Barclays... Parker-Hannifin (PH) downgraded to Market Perform from Outperform at Wells Fargo... STMicroelectronics (STM) downgraded to Neutral from Overweight at JPMorgan... Silicon Laboratories (SLAB) downgraded to Sector Perform at Pacific Crest... VOXX International (VOXX) downgraded to Market Perform from Outperform at Cowen.
|09:22 EDT||PH||Parker-Hannifin downgraded to Neutral at Baird|
As reported previously, Baird downgraded Parker-Hannifin to Neutral from Outperform citing softening energy prices which are likely to impact future growth. Baird lowered its price target on Parker-Hannifin to $115 from $128.
|06:51 EDT||PH||Parker-Hannifin downgraded to Neutral from Outperform at RW Baird|
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|05:40 EDT||PH||Parker-Hannifin downgraded to Market Perform from Outperform at Wells Fargo|
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|October 6, 2014|
|18:50 EDT||PH||Parker-Hannifin joint venture to expand, increase workforce|
Advanced Atomization Technologies, the joint venture between Parker Aerospace and GE Aviation, will expand its facility in Clyde, New York. The updated manufacturing facility and new office building will accommodate increased demand for work that is being scheduled for new engine programs that are experiencing dramatic production ramp up within the next several years. With increased work volume driving the expansion, the company plans to hire 80 to 100 additional team members over the next five years.