Standpoint Research Downgrades Triumph Group (TGI) to Hold

Standpoint Research downgraded Triumph Group (NYSE: TGI) from Buy to Hold.

Analyst Ronnie Moas comments, "TGI hit an all-time high today. The shares remain undervalued by 10% but we can no longer leave our highest rating attached to this name given the recent absolute (17.4%) and relative gains (1100 bps versus the S&P) since our recommendation. In my opinion TGI will track the market going forward. "

For an analyst ratings summary and ratings history on Triumph Group click here. For more ratings news on Triumph Group click here.

Shares of Triumph Group closed at $66.05 yesterday.

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