Triumph Financial shares are trading lower after Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform and lowered its price target from $75 to $70.
Portfolio Pulse from Benzinga Newsdesk
Triumph Financial shares are trading lower after Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform and lowered its price target from $75 to $70.
July 19, 2024 | 12:03 pm
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Triumph Financial shares are trading lower after Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform and lowered its price target from $75 to $70.
The downgrade from Market Perform to Underperform by a reputable analyst firm, along with a lowered price target, is likely to negatively impact investor sentiment and lead to a short-term decline in Triumph Financial's stock price.
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IMPORTANCE 80
RELEVANCE 100