Raymond James Maintains Outperform on Toro, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Sam Darkatsh has maintained an Outperform rating on Toro (NYSE:TTC), but lowered the price target from $125 to $105.

September 08, 2023 | 12:24 pm
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Toro's price target has been lowered from $125 to $105 by Raymond James, although the Outperform rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the Outperform rating indicates that the analyst still sees potential upside for the stock, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100