Raymond James Initiates Coverage On Timken with Market Perform Rating
Portfolio Pulse from Benzinga Newsdesk
Raymond James has initiated coverage on Timken (NYSE:TKR) with a Market Perform rating, as per analyst Tim Thein.
June 28, 2024 | 12:27 pm
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Raymond James has initiated coverage on Timken with a Market Perform rating, indicating a neutral outlook on the stock.
The Market Perform rating suggests that the analyst expects Timken's stock to perform in line with the market. This neutral stance is unlikely to cause significant short-term price movements.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100