Truist Securities Maintains Hold on Triumph Group, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Triumph Group (NYSE:TGI) but has lowered the price target from $15 to $12.
October 18, 2024 | 1:50 pm
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Truist Securities has maintained a Hold rating on Triumph Group but has lowered the price target from $15 to $12, indicating a more cautious outlook.
The lowering of the price target from $15 to $12 by Truist Securities suggests a less optimistic view on Triumph Group's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100