Stephens & Co. Reiterates Overweight on Titan Machinery, Maintains $46 Price Target
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Rick Nelson has reiterated an Overweight rating on Titan Machinery (NASDAQ:TITN) and maintained a $46 price target.
August 31, 2023 | 12:20 pm
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Titan Machinery's stock rating has been reiterated as Overweight by Stephens & Co. with a maintained price target of $46.
The reiteration of an Overweight rating by a reputable analyst suggests a positive outlook for the company's stock. The maintained price target of $46 also indicates that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100