DA Davidson analyst Michael Shlisky lowered the firm’s price target on Toro Company (TTC) to $80 from $86 and keeps a Neutral rating on the shares after its Q1 results. Toro remains on-track to deliver on its current-year goals, including meeting its Amp It Up margin-optimization targets, although the company’s organic growth goals are modest and the management remains concerned about the U.S. consumer, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTC:
- Toro Company Earnings Call: Mixed Sentiments and Strategic Growth
- Toro Company price target lowered to $84 from $88 at Baird
- The Toro Company Reports Strong Start to Fiscal 2025
- Toro Company reports Q1 adjusted EPS 65c, consensus 63c
- Toro Company backs FY25 adjusted EPS view $4.25-$4.40, consensus $4.32