These Analysts Cut Their Forecasts On Triumph Group

Group 1 - Triumph Group, Inc. has reached a definitive acquisition agreement valued at approximately $3 billion with private equity firms Warburg Pincus and Berkshire Partners, resulting in Triumph becoming a privately owned entity [1] - Shareholders of Triumph will receive $26.00 per share in cash, which represents a premium of about 123% to the unaffected closing stock price of $11.65 as of October 9, 2024, and over 38% to the last closing price of $18.74 on January 31, 2025 [2] - The transaction is seen as a recognition of Triumph's position as a valued provider of mission-critical engineered systems and proprietary components for both OEM and aftermarket customers, according to CEO Dan Crowley [3] Group 2 - Following the acquisition announcement, Baird analyst Peter Arment downgraded Triumph Group from Outperform to Neutral while raising the price target from $20 to $26 [4] - Truist Securities analyst Michael Ciarmoli maintained a Hold rating on Triumph Group and also raised the price target from $19 to $26 [4]