Truist Securities Maintains Buy on Triumph Group, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli maintains a Buy rating on Triumph Group (NYSE:TGI) but lowers the price target from $27 to $22.

May 24, 2024 | 12:33 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Triumph Group but lowers the price target from $27 to $22.
The Buy rating suggests continued confidence in Triumph Group's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100