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TGI

Triumph Group

$27.90

0.1 (0.36%)

16:35
03/01/17
03/01
16:35
03/01/17
16:35

Triumph awarded contract with KAI for KF-X AMAD

Triumph Group was selected by Korea Aerospace Industries, Ltd., to provide Airframe Mounted Accessory Drives on the new KF-X fighter aircraft. The contract is in support of the latest generation of the air superiority fighter, which is scheduled to make its first flight in mid-2022 and begin low-rate initial production in 2024. The KF-X program is slated to benefit the Republic of Korea Air Force and the Indonesian Air Force. "We are pleased to support the KF-X fighter program, which will replace the aging Korean fleet of F-4s and F-5s, as well as equip the Indonesian Air Force," said Tom Holzthum, executive vice president of Triumph Integrated Systems. "This win will allow Triumph to showcase the extensive capability and experience of our Geared Solutions business."

TGI Triumph Group
$27.90

0.1 (0.36%)

01/11/17
RBCM
01/11/17
INITIATION
Target $35
RBCM
Outperform
Triumph Group initiated with an Outperform at RBC Capital
RBC Capital analyst Matthew McConnell initiated Northrop Grumman with an Outperform and a $35 price target.
01/19/17
RHCO
01/19/17
INITIATION
RHCO
Hold
Triumph Group initiated with a Hold at SunTrust
SunTrust analyst Michael Ciarmoli started coverage of Triumph Group with a $28 price target and a Hold rating.
02/06/17
BOFA
02/06/17
DOWNGRADE
BOFA
Underperform
Triumph Group downgraded to Underperform from Buy at BofA/Merrill
02/06/17
BOFA
02/06/17
DOWNGRADE
BOFA
Underperform
Triumph Group downgraded to Underperform at BofA/Merrill
BofA/Merrill analyst Ronald Epstein downgraded Triumph Group two notches to Underperform and lowered its price target to $30 from $35. Epstein said Triumph's operations are worse than expected and sees a higher risk that it breaks maintenance covenants on total leverage.

TODAY'S FREE FLY STORIES

EXC

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BDC

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HRL

Hormel Foods

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Hormel Foods

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HRL

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AVD

American Vanguard

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HRL

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$33.92

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WBC

Wabco

$138.46

0.22 (0.16%)

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AIN

Albany International

$51.10

-0.2 (-0.39%)

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EADSY

Airbus

$20.89

-0.015 (-0.07%)

, DLAKY

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LTD

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BRCD

Brocade

$12.25

0.06 (0.49%)

, AVGO

Broadcom

$256.92

1.73 (0.68%)

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Broadcom

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FB

Facebook

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GOOG

Alphabet

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QCOM

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NADL

North Atlantic Drilling

$1.19

0.02 (1.71%)

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BIDU

Baidu

$224.99

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SHLD

Sears

$8.57

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SSNLF

Samsung

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AAPL

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SHLD

Sears

$8.57

-0.46 (-5.09%)

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BABA

Alibaba

$175.80

1.34 (0.77%)

06:09
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GNTX

Gentex

$17.36

0.35 (2.06%)

06:07
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ITCI

Intra-Cellular

$14.39

3.12 (27.68%)

06:07
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