UPDATE: Bank of America Downgrades Triumph Group as Significant Operating Risks Remain
February 05, 2014 at 10:13 AM EST
In a report published Wednesday, Bank of America analyst Ronald J. Epstein downgraded the rating on Triumph Group (NYSE: TGI ) from Buy to Neutral, and lowered the price target from $83.00 to $73.00. In the report, Bank of America noted, “We are downgrading TGI to Neutral from Buy. In