Truist Securities Maintains Buy on Triumph Group, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has maintained a Buy rating on Triumph Group (NYSE:TGI) and increased the price target from $17 to $27.
January 10, 2024 | 2:25 pm
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Truist Securities analyst has reiterated a Buy rating on Triumph Group and raised the price target from $17 to $27, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100