Stifel Maintains Buy on Timken, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott maintains a Buy rating on Timken (NYSE:TKR) and raises the price target from $92 to $100, indicating a positive outlook on the stock.
May 01, 2024 | 1:26 pm
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Stifel analyst Stanley Elliott maintains a Buy rating on Timken and raises the price target from $92 to $100.
The increase in price target by a reputable analyst suggests a strong confidence in Timken's future performance, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100