Timken (NYSE:TKR) Now Covered by Morgan Stanley

Morgan Stanley began coverage on shares of Timken (NYSE:TKR) in a research note issued to investors on Monday, June 10th, Briefing.com Automated Import reports. The firm issued an equal weight rating and a $54.00 target price on the industrial products company’s stock.

Several other research firms also recently commented on TKR. Zacks Investment Research downgraded Timken from a hold rating to a sell rating in a research note on Friday, April 12th. ValuEngine downgraded Timken from a hold rating to a sell rating in a research note on Saturday, February 23rd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of $53.63.