Citigroup Initiates Coverage On Timken with Neutral Rating, Announces Price Target of $90
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Kyle Menges has initiated coverage on Timken (NYSE:TKR) with a Neutral rating and set a price target of $90.
October 14, 2024 | 1:04 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup has initiated coverage on Timken with a Neutral rating and a price target of $90, indicating a balanced view on the stock's potential.
The Neutral rating suggests that Citigroup does not foresee significant upside or downside in Timken's stock price in the near term. The price target of $90 provides a specific valuation benchmark for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100