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TBK - Why Shares of Triumph Bancorp Are Rising Today
Triumph Bancorp Inc.
Shares of Triumph Bancorp (NASDAQ: TBK) , a nearly $6 billion asset bank based in Dallas, Texas, traded more than 11% higher in the late morning Monday after an analyst upgraded its stock.
Analysts at B. Riley Financial upgraded Triumph from a neutral rating to a buy rating today. Analysts at B. Riley also increased their price target from $85 per share to $110 per share, giving the stock potential upside of 34.7%.