DA Davidson lowered the firm’s price target on Triumph Financial (TFIN) to $56 from $68 and keeps a Neutral rating on the shares after its Q1 results. The company continues to show positive trends in the Payments segment, but lower net interest income and stubbornly low spot rates result in a lower intermediate term outlook, the analyst tells investors in a research note.
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Read More on TFIN:
- Triumph Financial price target lowered to $56 from $68 at Keefe Bruyette
- Triumph Financial Reports Q1 2025 Earnings and Strategic Focus
- Triumph Financial’s Earnings Call: Mixed Outlook with Growth Potential
- Triumph Financial reports Q1 EPS (3c), consensus 4c
- TFIN Earnings this Week: How Will it Perform?
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