Northland analyst Ted Jackson raised the firm’s price target on Toro Company (TTC) to $90 from $80 and keeps a Market Perform rating on the shares after the company reported Q3 results that were generally in-line with expectations last Thursday and said it now expects FY25 results to come in at the low-end of previous guidance. The firm sees “little, if any, downside to the company’s shares from current levels,” the analyst tells investors.
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Read More on TTC:
- Toro Company Earnings Call: Mixed Results Amidst Growth
- Toro Company price target raised to $86 from $82 at Baird
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- Toro Company Reports Strong Professional Segment Growth
- Toro Company narrows FY25 adjusted EPS view to $4.15 from $4.15-$4.30
