Loop Capital Maintains Hold on Timken, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Chris Dankert maintains a Hold rating on Timken (NYSE:TKR) and raises the price target from $78 to $87.
May 01, 2024 | 7:36 pm
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POSITIVE IMPACT
Loop Capital maintains a Hold rating on Timken and raises the price target from $78 to $87.
The increase in price target by Loop Capital suggests a positive outlook on Timken's future performance, potentially leading to increased investor confidence and a short-term positive impact on TKR's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100