Triumph Group downgraded to Neutral from Buy at Sterne Agee Sterne Agee downgraded Triumph Group based on weak organic growth, poor execution, and little upside from FY16 guidance. Price target lowered to $71 from $85.
News For TGI From The Last 14 Days
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Triumph to benefit from Airbus A330neo, says Credit Suisse Credit Suisse views the re-engining of the A330 platform by Airbus (EADSY) as most beneficial for Triumph Group (TGI) among the airline suppliers that the firm covers. The firm has an Outperform rating and $88 price target on Triumph.