TD Cowen analyst Cai von Rumohr raised the firm’s price target on Triumph Group (TGI) to $19.50 from $18.50 and keeps a Buy rating on the shares. The analyst remains bullish on the commercial aftermarket, especially in light of Boeing’s (BA) production problems.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 TGI:
- AAR Corp. signs exclusive commercial distribution agreement with Triumph
- Wolfe says Triumph Group on ‘different path today,’ upgrades shares
- Triumph Group upgraded to Outperform from Peer Perform at Wolfe Research
- Triumph Group reinstated with a Buy at Goldman Sachs
- Triumph Group Forecasts Financial Outlook for 2024