The firm said it raised its rating on the company, which designs, engineers, manufactures, repairs, overhauls, and distributes aero-structures, aircraft components, and accessories, based on its growth opportunities.
Credit Suisse raised its price target on the stock to $88 from $71.
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Separately, TheStreet Ratings team rates TRIUMPH GROUP INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate TRIUMPH GROUP INC (TGI) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income."