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Titan International (NYSE:TWI) was downgraded by analysts at TheStreet from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, AnalystRatingsNetwork reports.

The analysts wrote, “Titan International (TWI) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.”

Shares of Titan International (NYSE:TWI) traded up 1.00% during mid-day trading on Wednesday, hitting $17.22. 89,294 shares of the company’s stock traded hands. Titan International has a one year low of $14.14 and a one year high of $27.12. The stock’s 50-day moving average is $17.6 and its 200-day moving average is $16.39. The company has a market cap of $922.1 million and a price-to-earnings ratio of 20.04.

TWI has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Titan International from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 4th. They now have a $19.40 price target on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Titan International from $19.00 to $21.00 in a research note on Thursday, December 5th. They now have an “outperform” rating on the stock. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Titan International currently has a consensus rating of “Hold” and a consensus price target of $17.20.

Titan International, Inc (NYSE:TWI) through its subsidiaries, is engaged in the manufacturing of wheels and tires.

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