- Timken Co TKR coverage was initiated with an Outperform rating and a price target of $75 (an upside of 27%) by Oppenheimer analyst Bryan Blair.
- The analyst is confident in Timken's value-added portfolio transformation and realistic drivers for medium-term earnings outperformance.
- Blair states that the team's aggressive investments in renewable energy and automation strengthen its secular positioning.
- Price Action: TKR shares are trading higher by 2.29% at $59.04 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
