DA Davidson Maintains Neutral on Triumph Financial, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gary Tenner maintains a Neutral rating on Triumph Financial (NASDAQ:TFIN) and lowers the price target from $73 to $68.

April 19, 2024 | 4:18 pm
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NEUTRAL IMPACT
DA Davidson analyst Gary Tenner maintains a Neutral rating on Triumph Financial and lowers the price target from $73 to $68.
The adjustment in price target by DA Davidson reflects a recalibration of expectations for Triumph Financial, likely due to updated financial analysis or market conditions. However, maintaining a Neutral rating indicates that the analyst does not foresee significant stock movement in either direction in the short term. The lowered price target might slightly dampen investor sentiment but is not expected to cause a significant price movement given the neutral stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100