Timken price target raised to $108 from $104 at Oppenheimer

Oppenheimer raised the firm’s price target on Timken (TKR) to $108 from $104 and keeps an Outperform rating on the shares following quarterly results. The firm believes initial 2026 guidance leaves uncertainty to the upside, with Timken’s favorable stacked comparisons, short-cycle leverage, and portfolio evolution through disciplined 80/20 efforts all serving as realistic catalysts going forward.