Alert: Positive Investment Signals (6/14/24)-The Toro Co (NYSE: TTC)

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Extremely important positive changes in investment behavior have recently occurred for The Toro Co (NYSE: TTC): its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and its shorter term price trend turned up.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

TTC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Toro has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Toro has a neutral Power Rating of 40 but a poor Appreciation Score of 22, leading to the Lowest Value Trend Rating.

Recent Price Action

The Toro Co (NYSE: TTC) stock closed at $96.61 on 6/14/24 after an increase of 1.4%. Moreover, trading volume in this advance was above average at 136% of normal. The stock has performed in line with the market over the last nine months and has risen 6.0% during the last week.

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