Zacks Investment Research downgraded shares of TITAN MACHINERY (TITN) from NEUTRAL to UNDERPERFORM on September 13, 2012, with a target price of $18.40.
Titan Machinery represents a diversified mix of agricultural, construction, and consumer products dealerships located in the upper Midwest. Their Shared Resource Headquarters is located in the heart of the Red River Valley in Fargo, ND. Titan Machinery is a dealer for Case IH, Case Construction, New Holland, and New Holland Construction. Titan Machinery also represents shortline equipment to meet specialized customer demand and niche product needs.
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