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Fly News Breaks for June 27, 2018
TKR
Jun 27, 2018 | 08:28 EDT
As previously reported, KeyBanc analyst Steve Barger upgraded Timken to Overweight from Sector Weight, with a $54 price target. His historical cycle analysis suggests Timken is well positioned to benefit from continued improvement in cycle dynamics, which should result in better organic volumes and improving price realization in the near-term, leading to solid operating leverage.
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