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Fly News Breaks for July 27, 2017
TRN
Jul 27, 2017 | 07:05 EDT
As noted earlier, Stifel upgraded Trinity to Buy from Hold. Analyst Michael J. Baudendistel says that the company's Q2 results were "encouraging," giving him "greater confidence" in its outlook for the rest of 2017. The analyst said that the decline in the stock contradicts its positive outlook, and he called its valuation "compelling." Target to $31 from $29.
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