Triumph Group (TGI) PT Raised to $23.25 at Cowen

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November 10, 2021 6:30 AM EST
Get Alerts TGI Hot Sheet
Price: $26.01 --0%

Rating Summary:
    7 Buy, 12 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 17 | Down: 23 | New: 12
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Cowen analyst Cai Von Rumohr raised the price target on Triumph Group (NYSE: TGI) to $23.25 (from $18.00) while maintaining a Market Perform rating.

The analyst commented, "Mixed Q2 keeps TGI on track to becoming a pure aircraft systems/support play. Given its 22% Net Buy rating, the stock could reset if TGI can drive strong ops gains or attract buyout interest. We're nudging our PT to $23.25, a 15.5x est. CY22 TEV/EBITDA."


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