Triumph Group (TGI) PT Raised to $23.25 at Cowen
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Price: $13.46 +1.05%
Rating Summary:
14 Buy, 6 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
14 Buy, 6 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Cowen analyst Cai Von Rumohr raised the price target on Triumph Group (NYSE: TGI) to $23.25 (from $18.00) while maintaining a Market Perform rating.
The analyst commented, "Mixed Q2 keeps TGI on track to becoming a pure aircraft systems/support play. Given its 22% Net Buy rating, the stock could reset if TGI can drive strong ops gains or attract buyout interest. We're nudging our PT to $23.25, a 15.5x est. CY22 TEV/EBITDA."
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