DA Davidson analyst Michael Shlisky raised the firm’s price target on Toro Company to $95 from $93 and keeps a Neutral rating on the shares after its Q1 results. The company’s revenues and segment income were in-line with estimates, while its full-year guidance was maintained, the analyst tells investors in a research note. Toro’s golf, underground and construction markets remain favorable, though the management’s snow-related comments were negative, the firm added.
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