Toro (TTC) PT Lowered to $80 at DA Davidson

DA Davidson analyst Michael Shlisky lowered the price target on Toro (NYSE: TTC) to $80.00 (from $86.00) while maintaining a Neutral rating.

The analyst comments "We are maintaining our NEUTRAL rating on TTC, with a new price target of $80 (from $86) following F1Q:25 earnings. It seems like TTC remains on-track to deliver on its current-year goals, including meeting its Amp It Up margin-optimization targets, although organic growth goals are modest. TTC remains concerned about the US consumer, while multiple Professional businesses (Golf and Underground) have good demand & backlogs to carry into next year. New technologies are also providing the early stages of a boost. It does not quite add up to double-digit EPS growth, but we like what we see so far."

You May Also Be Interested In