Baird lowered the firm’s price target on Titan Machinery (TITN) to $24 from $25 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results as they see lower inventory leading to a higher stock price.
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Read More on TITN:
- Titan Machinery Reports Inventory Reduction and Revenue Decline
- Titan Machinery reports Q4 EPS ($1.88), consensus (63c)
- Titan Machinery sees 2026 adjusted EPS ($2.00)-($1.25), consensus ($1.09)
- TITN Earnings this Week: How Will it Perform?
- Titan Machinery upgraded to Outperform from Neutral at Baird