Lake Street Downgrades Titan Machinery to Hold, Announces $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Ben Klieve has downgraded Titan Machinery (NASDAQ:TITN) from Buy to Hold and set a price target of $15.
August 15, 2024 | 8:57 pm
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Lake Street analyst Ben Klieve downgraded Titan Machinery from Buy to Hold and set a price target of $15.
The downgrade from Buy to Hold and the announcement of a $15 price target by Lake Street is likely to negatively impact Titan Machinery's stock price in the short term as it signals reduced confidence in the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100