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Fly News Breaks for August 9, 2017
TRS
Aug 9, 2017 | 05:33 EDT
JPMorgan analyst C. Stephen Tusa upgraded TriMas to Overweight and raised his price target for the shares to $27 from $24. Te company has moved past prior execution issues and the setup into the second half of the year is "solid," Tusa tells investors in a research note. The analyst sees upside to earnings and thinks an update from TriMas on its capital allocation priorities and portfolio strategy could move the stock higher.
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