Canaccord analyst Yuri Lynk last night downgraded Toromont Industries (TMTNF) to Hold from Buy with a price target of C$160, up from C$150. The firm cites valuation for the downgrade given the limited upside to the new price target
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TMTNF:
- Toromont Industries downgraded to Hold from Buy at Canaccord
- Toromont Industries Ltd. (TIH) Q3 Earnings Cheat Sheet
- Toromont Industries price target raised to C$168 from C$148 at CIBC
- Toromont Industries price target raised to C$171 from C$140 at Scotiabank
- Toromont Industries to Release Q3 2025 Financial Results
