Oppenheimer Maintains Titan International (TWI) Perform Rating

Oppenheimer analyst Ian Zaffino maintained his Perform rating for shares of Titan International, Inc. (NYSE: TWI)

Zaffino said that, "it appears 2010 is shaping up to be solid for Large Ag, particularly because it is directly linked to Deere, Agco and CNH. Mining appears promising and could represent a source of upside in 2010. Small Ag and construction remain depressed. Absent acquisitions, TWI is likely to repurchase debt."