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. 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.