In a report published Thursday, Canaccord Genuity analyst Ken Herbert initiated coverage on Triumph Group TGI with a Hold rating and $77.00 price target.
In the report, Canaccord Genuity noted, “We are initiating coverage of Triumph Group (TGI) with a HOLD rating and a $77 price target. We believe TGI is facing increased revenue and EPS pressure as programs mature (C-17, 747-8) and is increasingly reliant on acquisitions to hit 2016 goals, which brings additional risk, in our view.”
Triumph Group closed on Wednesday at $69.22.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in