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TITN

Titan Machinery

$19.00

2.29 (13.70%)

07:47
12/01/17
12/01
07:47
12/01/17
07:47

Titan Machinery price target raised to $25 from $18 at Baird

Baird analyst Mig Dobre raised his price target on Titan Machinery to $25 from $18 following Q3 results. The analyst sees concrete signs of a turnaround in demand for agricultural equipment along with improving margins. He believes the recovery is in the early innings with demand bouncing off of multi-decade lows and looks at Titan as an under-the-radar play on that theme. Dobre reiterated his Outperform rating on Titan Machinery shares.

  • 12

    Dec

  • 08

    Jan

TITN Titan Machinery
$19.00

2.29 (13.70%)

12/02/16
STPT
12/02/16
DOWNGRADE
STPT
Hold
Titan Machinery downgraded to Hold from Buy at Standpoint Research
01/10/17
AGIS
01/10/17
INITIATION
Target $18
AGIS
Buy
Titan Machinery initiated with a Buy at Aegis
Aegis analyst Igor Maryasis initiated Titan Machinery with a Buy and a $18 price target saying shares currently trades below its tangible book value of just over $15 per share, to expects them to re-rate on delevered balance sheet and improved cost structure that position the company well for an eventual recovery in North American Ag equipment industry fundamentals.

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