UPDATE: Bank of America Lowers PT on Timken on Sharp 2H Recovery Being Unlikely
July 08, 2013 at 12:20 PM EDT
In a report published on Monday, Bank of America analyst Ross Gilardi lowered the price target on Timken (NYSE: TKR ) from $68 to $65 and maintained a Buy rating. In the report, Bank of America stated, "We see further embedded value in Timken and a high probability of a split
