Craig-Hallum lowered the firm’s price target on Titan Machinery to $30 from $35 and keeps a Buy rating on the shares. Q4 results beat expectations, but supply/demand equilibrium likely solidifies that the company is past peak earnings for this cycle, the analyst tells investors in a research note.
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Read More on TITN:
- Titan Machinery sees FY25 EPS $3.00-$3.50, consensus $4.40
- Titan Machinery reports Q4 EPS $1.05, consensus $1.02
- Titan Machinery (TITN) Q4 Earnings Cheat Sheet
- Titan Machinery Inc. to Report Fiscal Fourth Quarter and Full Year Ended January 31, 2024 Results on Thursday, March 21, 2024
- Titan Machinery’s (NASDAQ:TITN) Ambitious Expansion Creates Deep Value Opportunity
