Will This Ratings Upgrade Help Triumph Group (TGI) Stock Today?

NEW YORK (TheStreet) -- Triumph Group Inc. (TGI) was upgraded to "outperform" from "neutral" at Credit Suisse (CS) on Thursday.

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.

Must ReadWarren Buffett's 25 Favorite Stocks 

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."

If you liked this article you might like

The Shorts Are Getting Squeezed Hard in Triumph Group

Analysts' Actions -- Anthem, Fortinet, Harley-Davidson, Viacom and More

Trade-Ideas: Triumph Group (TGI) Is Today's "Dead Cat Bounce" Stock

Triumph Group (TGI) Weak On High Volume

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: WHLR, HE, TGI