UPDATE: Deutsche Bank Initiates Coverage on TriMas on Broad Upside, Niche Strength
November 12, 2013 at 09:12 AM EST
In a report published Tuesday, Deutsche Bank analyst Karen Lau initiated coverage on TriMas Corp. (NASDAQ: TRS ) with a Buy rating and $48.00 price target. In the report, Deutsche Bank noted, “We believe TriMas is well positioned to sustain robust double-digit earnings growth in the coming years, driven by