Article on Carlyle Pressure... Good Buying Opportunity
"Triumph Group Inc. (TGI, Free Analysis), a firm that designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems, experienced a dramatic fall when news surfaced that Carlyle Group would be selling its stake. While this will certainly create downside pressure, some analysts see it as a buying opportunity.
Credit Suisse views the stock’s weakness following the news as a buying opportunity for long-term investors. And with a $68 per share price target on the stock, representing a 25% premium to the current market price, the analyst is very bullish on an eventual recovery." ...
I didn't copy and paste the entire article here, but the rest is a good analysis of the situation. Fundamentals remain intact... selling pressure means buying opportunity. Good read!