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Date: 2013-08-01

Timken Given New $22.00 Price Target at Bank of America (TKR)

Timken (NYSE: TKR) had its target price upped by Bank of America to $22.00 in a report issued on Thursday. They currently have a neutral rating on the stock.

Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Timken from an underperform rating to a neutral rating in a research note to investors on Wednesday, March 13th. They now have a $57.60 price target on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of Timken from $56.00 to $65.00 in a research note to investors on Wednesday, February 20th. They now have a buy rating on the stock.

Six investment analysts have rated the stock with a buy rating, one has given an overweight rating, and four have given a hold rating to the company. Timken currently has a consensus rating of overweight and an average price target of $60.67.

Timken (NYSE: TKR) traded up 0.36% on Thursday, hitting $57.81. Timken has a 1-year low of $32.59 and a 1-year high of $58.50. The stock


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