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Fly News Breaks for May 16, 2017
TGI
May 16, 2017 | 07:56 EDT
After Triumph Group indicated that its Vought Aircraft Division could be insolvent, Wells Fargo says "the stock price more than discounts the risks and does not yet reflect some of the favorable outcomes." The firm thinks that the stock should be in the high $20s, assuming no contribution from the troubled unit. It keeps an Outperform rating on the shares.
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