Timken (TKR) Tops Q4 EPS by 2c

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Timken (TKR) PT Raised to $45 at Jefferies Following 2Q Results

February 13, 2017 8:23 AM EST

Jefferies analyst Stephen Volkmann reiterates Hold rating and raises price target on Timken Company (NYSE: TKR) to $45 (from $38), as the company reported 2016 fourth quarter EPS results above consensus estimates, driven by order trend and customer inquiry improvements.

Volkmann comments, "TKR reported 4Q EPS of... More