Investing.com - The downside wasn’t over for Toro Co (NYSE:TTC), with the company’s stock falling again on Friday after shares declined Thursday after the company’s release of its second quarter results.
On Friday, Seaport Global cuts Toro to Neutral from Buy and slashed its price target to $67 from $75. Dougherty & Co. downgraded shares to Neutral.
For the second quarter, Toro topped earnings expectations but missed the revenue forecast.
Toro fell 2.3% on Friday, on top of Thursday’s 13% fall.