B. Riley Securities Maintains Buy on Titan Machinery, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Alex Rygiel maintains a Buy rating on Titan Machinery (NASDAQ:TITN) but lowers the price target from $48 to $44.
May 31, 2023 | 1:33 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on Titan Machinery (TITN) but lowers the price target from $48 to $44.
The news of B. Riley Securities maintaining a Buy rating on Titan Machinery (TITN) is positive for the stock. However, the lowering of the price target from $48 to $44 may create some uncertainty among investors. The overall impact on the stock price in the short term is expected to be neutral as the positive and negative factors balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100