Piper Jaffray Downgrades Triumph Bancorp (TBK) to Neutral

Piper Jaffray downgraded Triumph Bancorp (NASDAQ: TBK) from to Neutral with a price target of $24.00 (from $31.00).

Analyst Brett Rabatin lowers FY 2017 EPS estimate falls from $1.74 to $1.49 and his FY 2018 EPS estimate falls from $2.06 to $1.59

For an analyst ratings summary and ratings history on Triumph Bancorp click here. For more ratings news on Triumph Bancorp click here.

Shares of Triumph Bancorp closed at $22.55 Friday.

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