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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.
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El precio objetivo de Toro Co. fue rebajado por Robert W. Baird de 102 a 92 dólares después de que las ganancias del primer trimestre no alcanzaran la estimación.