Triumph Group shares likely to advance in near-term, says Oppenheimer Oppenheimer predicts that Triumph Group's stock is likely to rise into the high $70s in the near-term, as the firm thinks that the shares may be undervalued at current levels. It keeps a Perform rating on the shares.
Triumph Group acquires North American Aircraft Services Triumph Group announced the acquisition of North American Aircraft Services. The acquired business will operate as Triumph Aviation Services, NAAS Division and be included in the Aftermarket Services Group. The business is expected to add approximately $35M in annual revenue and to be immediately accretive to earnings.