B of A Securities Upgrades Triumph Group to Buy, Announces $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ronald Epstein has upgraded Triumph Group (NYSE:TGI) from Underperform to Buy and set a price target of $21. This upgrade could indicate a positive outlook on the company's future performance.
January 25, 2024 | 7:49 pm
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Triumph Group's stock has been upgraded by B of A Securities from Underperform to Buy with a new price target of $21, suggesting a bullish outlook on the stock.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved fundamentals or future prospects for the company. The new price target of $21 is a specific and optimistic valuation that could attract investor interest and drive up the stock price in the short term.
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