Keefe Bruyette raised the firm’s price target on Triumph Financial (TFIN) to $75 from $68 and keeps a Market Perform rating on the shares after Triumph announced that global logistics provider C.H. Robinson (CHRW) will join the TriumphPay Network. Following recent additions of Coyote, Werner, Fitzmark, and Apex to the network, Triumph “clearly has strong momentum behind TPay,” the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TFIN:
- Triumph Financial and C.H. Robinson Announce Strategic Relationship
- Triumph Financial Announces Dividend for 7.125% Series C Fixed-Rate Non-Cumulative Perpetual Preferred Stock
- TBK Bank Appoints Jamie Paterson as EVP, Chief Operating Officer – Banking Operations
- TBK Bank appoints Jamie Paterson as EVP, COO, banking operations
- Triumph Financial to Live Stream Annual Meeting