TheStreet upgraded shares of Twin Disc (NASDAQ: TWIN) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning.

“Twin Disc (TWIN) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”

,” the firm’s analyst wrote.

TheStreet has also updated their ratings on a number of other industrial goods stocks in the last week. The firm reiterated its buy rating on shares of Cummins. Also, TheStreet upgraded shares of ITT Industries from a sell rating to a hold rating.

Shares of Twin Disc (NASDAQ: TWIN) traded up 1.20% during mid-day trading on Wednesday, hitting $26.24. Twin Disc has a 52 week low of $13.70 and a 52 week high of $27.92. The stock’s 50-day moving average is currently $24.76. The company has a market cap of $295.0 million and a P/E ratio of 19.60.

Separately, analysts at Robert W. Baird raised their price target on shares of Twin Disc from $17.00 to $22.00 in a research note to investors on Wednesday, January 23rd. They now have an outperform rating on the stock.

Twin Disc, Incorporated designs, manufactures and sells marine and heavy duty off-highway power transmission equipment.

To view TheStreet’s full report, visit www.thestreetratings.com

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