Shares of airplane parts-maker Triumph Group (NYSE: TGI) stock are up 14.5% as of noon EDT.
Earlier this morning, investment banker R.W. Baird upgraded Triumph Group stock to “outperform,” assigning the shares a price target of $30. With Triumph stock selling for only $20.45 prior to the upgrade being announced, you can see why this news might get investors a bit excited — Baird is calling for a price increase of as much as 47%!