Goldman Sachs Downgrades Triumph Group to Neutral, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak has downgraded Triumph Group (NYSE:TGI) from Buy to Neutral and lowered the price target from $19 to $15.
August 13, 2024 | 10:00 am
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NEGATIVE IMPACT
Goldman Sachs has downgraded Triumph Group from Buy to Neutral and reduced the price target from $19 to $15.
The downgrade from Buy to Neutral and the reduction in the price target by Goldman Sachs is likely to negatively impact Triumph Group's stock price in the short term as it reflects a less optimistic outlook from a major financial institution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100