JP Morgan Maintains Underweight on Triumph Group, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman maintains an Underweight rating on Triumph Group (NYSE:TGI) and raises the price target from $12 to $13.
November 08, 2023 | 7:46 pm
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NEGATIVE IMPACT
JP Morgan maintains an Underweight rating on Triumph Group and raises the price target from $12 to $13.
The Underweight rating maintained by JP Morgan indicates a negative outlook for Triumph Group. However, the increase in price target from $12 to $13 suggests that the analyst sees some potential for the stock's price to increase, albeit not significantly. This could lead to a short-term negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100