UPDATE: Wedbush Maintains Outperform Rating, Raises PT for Triumph Group
In a report published earlier today, Wedbush Securities maintained its Outperform rating for Triumph Group, Inc. (NYSE: TGI) and raised its price target from $74.00 to $78.00.
Wedbush said in its report “Triumph over the last 3 years has shown dramatic progress in its ability to execute, win new business, and acquire strategically. While Vought was clearly a game-changer, we believe the company's stock still would have shown strong appreciation based simply on the improving operations and execution within the legacy Triumph company.”
Triumph Group, Inc. closed yesterday at $65.99.
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