Triumph Group downgraded at BofA/Merrill As previously reported, BofA/Merrill downgraded Triumph Group to Underperform from Neutral. The firm downgraded shares due to valuation and optimistic growth targets. Price target remains $73.
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.