B. Riley Securities Downgrades Titan Machinery to Neutral, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has downgraded Titan Machinery (NASDAQ:TITN) from Buy to Neutral and lowered the price target from $32 to $20.
June 05, 2024 | 12:41 pm
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NEGATIVE IMPACT
B. Riley Securities downgraded Titan Machinery from Buy to Neutral and reduced the price target from $32 to $20.
The downgrade from Buy to Neutral and the significant reduction in the price target from $32 to $20 by B. Riley Securities is likely to negatively impact investor sentiment and the stock price of Titan Machinery in the short term.
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