UPDATE: Oppenheimer Downgrades Triumph Group to Perform on Challenging Transitional Period
May 03, 2013 at 09:15 AM EDT
In a report published Friday, Oppenheimer analyst Yair Reiner downgraded the rating on Triumph Group (NYSE: TGI ) from Outperform to Perform, and removed the $85.00 price target. In the report, Reiner noted, “In recent years, TGI's performance has been driven chiefly by three factors: organic growth from rising OE