Information Provided By:
Fly News Breaks for March 1, 2017
TRS
Mar 1, 2017 | 08:17 EDT
Roth Capital analyst Matt Koranda raised his price target for TriMas to $23 from $18.50 after the company provided an upbeat 2017 outlook, forecasting revenue growth ahead of or in-line with his estimates across all segments. While there is likely some upside bias to 2017 operating margins with good execution in Aerospace, the analyst reiterates a Neutral rating as he awaits better visibility into production efficiencies and more evidence of distributor destocking wind-down before coming off the sidelines.
News For TRS From the Last 2 Days
There are no results for your query TRS