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High materiality8/10
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TGI downgraded from Buy to Underperform by Truist Securities analyst. BofA cites uncertain aircraft production rates affecting TGI's outlook. Analyst projects TGI price drop from $17 to $12 target. Concerns over production cuts could worsen cash flow issues. Recent shares declined by 5.35% to $12.83.
- TGI downgraded from Buy to Underperform by Truist Securities analyst.
- BofA cites uncertain aircraft production rates affecting TGI's outlook.
- Analyst projects TGI price drop from $17 to $12 target.
- Concerns over production cuts could worsen cash flow issues.
- Recent shares declined by 5.35% to $12.83.
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