TriMas price target raised to $45 from $40 at BWS Financial

BWS Financial raised the firm’s price target on TriMas (TRS) to $45 from $40 and keeps a Buy rating on the shares. Each to the company’s three business segments outperformed the firm’s projection in Q2, notes the analyst, who also points out that the company raised its sales growth forecast and is now poised to report sales of $1B in 2025.