Northland Capital Markets Downgrades Titan Machinery to Market Perform, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has downgraded Titan Machinery (NASDAQ:TITN) from Outperform to Market Perform and reduced its price target from $33 to $15.
August 20, 2024 | 5:51 pm
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Northland Capital Markets downgraded Titan Machinery from Outperform to Market Perform and significantly lowered the price target from $33 to $15.
The downgrade from Outperform to Market Perform and the significant reduction in the price target from $33 to $15 by Northland Capital Markets is likely to negatively impact Titan Machinery's stock price in the short term. Such downgrades often lead to decreased investor confidence and selling pressure.
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IMPORTANCE 80
RELEVANCE 100