Oppenheimer Upgrades Titan International (TWI) to Outperform, Citing Strong Business Trends

Oppenheimer upgraded Titan International (NYSE: TWI) from Perform to Outperform with a price target of $30.00.

The firm cited capacity expansions and their belief the burgeoning mining business and contract wins in construction could add to an already strong Farm business.

"We believe catalysts could include at least one acquisition in the vital European arena and greater details regarding CAT (NYSE: CAT)," the analyst said.

For an analyst ratings summary and ratings history on Titan International click here. For more ratings news on Titan International click here.

Shares of Titan International closed at $21.44 yesterday.

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