Timken (TKR) Announces CEO Transition
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Jefferies Downgrades Timken (TKR) to Hold, 'Tariffs and Sentiment Push Out 2H Recovery'
April 1, 2025 4:04 PM EDTJefferies analyst Stephen Volkmann downgraded Timken (NYSE: TKR) from Buy to Hold with a price target of $70.00 (from $90.00).
The analyst comments "We downgrade the shares of TKR from Buy to Hold. The potential for lower volumes and margin compression stemming from weakening short-cycle sentiment... More
