Oppenheimer Reiterates Outperform on Timken, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Bryan Blair has reiterated an Outperform rating on Timken (NYSE:TKR) and increased the price target from $97 to $100.
March 21, 2024 | 12:46 pm
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Oppenheimer analyst Bryan Blair has reiterated an Outperform rating on Timken and increased the price target from $97 to $100.
The reiteration of an Outperform rating combined with an increase in the price target by a reputable analyst like Bryan Blair suggests a strong bullish sentiment towards Timken. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100