Toro Company price target raised to $100 from $90 at Baird

Baird analyst Timothy Wojs raised the firm’s price target on Toro Company to $100 from $90 and keeps a Neutral rating on the shares. The firm said Toro provided an update which likely eased investor concerns, especially following recent short report, as Q2 upside helps smooth out previously embedded H2 ramp. Baird recognizes the quality of its businesses, but remains on the sidelines as they look to gain greater estimate visibility into 2025.