DA Davidson Initiates Coverage On Timken with Buy Rating, Announces Price Target of $92
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky has initiated coverage on Timken (NYSE:TKR) with a Buy rating and set a price target of $92.

January 23, 2024 | 10:41 am
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DA Davidson analyst Michael Shlisky has initiated coverage on Timken with a Buy rating and a price target of $92.
Analyst ratings, especially initiations of coverage with a Buy rating, can have a positive impact on a stock's short-term price as they often lead to increased investor interest and confidence in the company's future performance. The price target of $92 suggests a potential upside from the current trading price, which could encourage buying activity.
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