Titan International initiated with an Outperform at Noble Capital

Noble Capital analyst Joe Gomes initiated coverage of Titan International (TWI) with an Outperform rating and $11 price target Titan is “a worldwide leader” in the manufacture of off road wheels, tires, and undercarriages for the agriculture, construction, mining, and consumer space, notes the analyst, who views Titan as well positioned to capitalize on improving end market demand.