Zacks Investment Research upgraded shares of TIMKEN CO (TKR) from UNDERPERFORM to NEUTRAL on October 02, 2012, with a target price of $38.10.
Timken Company's activities are divided into two principal segments. The first is anti-friction bearings and the other is steel. Timken is a leading international manufacturer of highly engineered bearings, alloy and specialty steels and components, as well as related products and services. The company also produces custom-made steel products including precision steel components for automotive and industrial customers.
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