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UPDATE: Jefferies Ups PT to $21 on TriMas

Jefferies raises its price target to $21 from $18 on Hold-rated TriMas (NASDAQ: TRS) on positive sales trend driving 4Q beat and raised 2012 estimates.

Jefferies says, "4Q11 EPS ex-items were up 13% and above expectations. We have raised our 2012 forecast and believe the company's fundamentals remain solid. But we reiterate our HOLD rating on valuation."

TRS closed at $25.17 a share on Monday.

Posted-In: JefferiesAnalyst Color Price Target Reiteration Intraday Update Analyst Ratings

 

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