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News Breaks | | | | September 11, 2012 | | 09:07 EDT |  | TITN | Titan Machinery price target lowered to $30 from $41 at RW Baird
Baird lowered its price target on Titan Machinery following missed Q2 results. The firm believes the company can continue to post earnings growth despite a slowing market citing higher equipment utilization rates, construction benefits from the Highway bill, and a robust M&A pipeline. Shares remain Outperform rated. | |
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