Wolfe Research analyst Myles Walton downgraded Triumph Group (TGI) to Peer Perform from Outperform without a price target after the company reached an agreement to be acquired in an all-cash transaction for $26 per share by private equity firms Warburg Pincus and Berkshire Partners.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TGI:
- Triumph Group reports Q3 adjusted EPS 27c, consensus 21c
- Triumph Group downgraded to Equal Weight from Overweight at Barclays
- Palantir upgraded, Nio downgraded: Wall Street’s top analyst calls
- Triumph Group price target raised to $26 from $19 at Truist
- Triumph Group downgraded to Neutral from Outperform at Baird