Parker-Hannifin has strong aerospace growth but faces headwinds in its larger industrial segment. Read why I downgrade PH ...

Cleveland, Ohio-based Parker-Hannifin Corporation (PH) manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide.

Parker-Hannifin Corporation PH has been benefiting from strength in its Aerospace Systems segment. Benefits from acquired assets are likely to drive its performance in the quarters ahead.

Stifel Nicolaus analyst Nathan Jones maintained a Hold rating on Parker Hannifin (PH – Research Report) today and set a price target of ...