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Triumph Financial (NASDAQ:TFIN) Price Target Cut to $58.00

kopsource ·  Jan 27, 2023 10:08

Triumph Financial (NASDAQ:TFIN – Get Rating) had its price target lowered by equities researchers at Stephens from $63.00 to $58.00 in a note issued to investors on Friday, The Fly reports. Stephens' price objective would suggest a potential upside of 7.45% from the company's current price.

A number of other analysts have also recently commented on TFIN. Raymond James reduced their target price on shares of Triumph Financial from $68.00 to $67.00 and set an "outperform" rating for the company in a report on Friday. Wells Fargo & Company cut shares of Triumph Financial from an "equal weight" rating to an "underweight" rating and reduced their target price for the company from $60.00 to $50.00 in a report on Thursday, December 15th.

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Triumph Financial Stock Up 4.0 %

Shares of TFIN stock opened at $53.98 on Friday. Triumph Financial has a 12 month low of $45.08 and a 12 month high of $100.98. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 13.63 and a beta of 1.20. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.05 and a quick ratio of 1.05.

Triumph Financial Company Profile

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Triumph Financial Inc, a financial and technology company, focuses on payments, factoring, and banking. It operates through a portfolio of brands, including TriumphPay, Triumph, and TBK Bank. The company offers cash flow management services for the trucking industry comprising invoice factoring, fuel discount programs, truck and cargo insurance, and equipment finance, banking, and treasury services.

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