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Timken Upgraded by Bank of America to "Buy"

2013-02-05 07:12:16| Industrial Machines - Topix.net

The firm currently has a $70.00 target price on the stock, up from their previous target price of $54.00. The analysts wrote, "We like the stock as 1) a cyclical recovery story with bottomed out expectations, 2) a well-run, ROIC company that will be further incentivized to deliver value due to continued activist pressure, and 3) a beneficiary of ... (more)

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Category:Industrial Goods and Services

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