TD Cowen Downgrades Triumph Group to Hold, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded Triumph Group (NYSE:TGI) from Buy to Hold and lowered the price target from $19.5 to $14.
May 28, 2024 | 11:57 am
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TD Cowen has downgraded Triumph Group from Buy to Hold and reduced the price target from $19.5 to $14, indicating a less optimistic outlook for the stock.
The downgrade from Buy to Hold and the significant reduction in the price target from $19.5 to $14 by TD Cowen suggests a less favorable view of Triumph Group's future performance, likely leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100