Toro Company price target lowered to $80 from $86 at DA Davidson

DA Davidson analyst Michael Shlisky lowered the firm’s price target on Toro Company (TTC) to $80 from $86 and keeps a Neutral rating on the shares after its Q1 results. Toro remains on-track to deliver on its current-year goals, including meeting its Amp It Up margin-optimization targets, although the company’s organic growth goals are modest and the management remains concerned about the U.S. consumer, the analyst tells investors in a research note.