Northland raised the firm’s price target on Titan Machinery to $25 from $15 and keeps a Market Perform rating on the shares on an improved free cash flow outlook, telling investors that the firm will revisit its rating as it gains confidence in the free cash flow forecast.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TITN:
- Titan Machinery still sees FY25 adjusted EPS 0c-50c, consensus 86c
- Titan Machinery reports Q2 adjusted EPS 17c, consensus 19c
- Is TITN a Buy, Before Earnings?
- Vornado upgraded, JPMorgan downgraded: Wall Street’s top analyst calls
- Titan Machinery downgraded to Market Perform from Outperform at Northland