Trinity Capital Analysts Raise Their Forecasts Following Upbeat Q1 Results
Avi Kapoor 5 months ago
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Trinity Capital Inc (TRIN) beat market estimates with EPS of 53 cents and sales of $90.129 million in Q1. Analysts adjust price targets.
Trinity Capital Inc (NASDAQ:TRIN) posted upbeat earnings for the first quarter on Wednesday.
The company posted EPS of 53 cents, beating market estimates of 52 cents. The company's sales came in at $90.129 million versus estimates of $85.304 million.
Trinity Cap shares fell 1.8% to trade at $16.97 on Thursday.
These analysts made changes to their price targets on Trinity Cap following earnings announcement.
- Wells Fargo analyst Finian O’Shea maintained Trinity Capital with an Underweight rating and raised the price target from $13.5 to $15.
- Keefe, Bruyette & Woods analyst Paul Johnson maintained the stock with a Market Perform and raised the price target from $15 to $16.
Considering buying TRIN stock? Here’s what analysts think:
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