Toro Co.'s price target cut by Robert W. Baird from $102 to $92 after Q1 earnings missed estimate.

Toro Co. (NYSE: TTC) has seen its price target cut by Robert W. Baird from $102 to $92, following a quarterly earnings report of $1.18 per share, which fell short of the $1.23 estimate. Northland Securities maintains a "Market Perform" rating with a $100 target. The company's shares are predominantly held by institutional investors (87.95%). Toro specializes in turf maintenance equipment and services, reporting a 6.9% revenue increase year-over-year.

September 10, 2024
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