DA Davidson Maintains Neutral on Toro, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky maintains a Neutral rating on Toro (NYSE:TTC) and raises the price target from $93 to $95.

March 14, 2024 | 3:48 pm
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DA Davidson analyst Michael Shlisky maintains a Neutral rating on Toro but raises the price target from $93 to $95.
The increase in price target from $93 to $95 by DA Davidson reflects a positive adjustment in the valuation of Toro, suggesting a potential upside from the current trading price. However, the maintenance of a Neutral rating indicates that the analyst sees limited catalysts for significant price movement in the short term. This adjustment is likely to be viewed positively by the market, potentially leading to a slight increase in stock price as investors adjust their valuations to align with the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100