Triumph Bancorp’s (NASDAQ: TBK) acquisition of HubTran, announced late last week, has been a Wall Street winner, tacking on as much as $16 to Triumph’s share price in just three days and garnering an analyst report that called the deal “transformative.”
Triumph’s stock, which had been strong since the start of the year — rising to more than $81 pre-deal from about $47 at the start of the year — hit a 52-week high Tuesday at $96.74. That’s a 272% gain in the past year and roughly 57% in the past...
https://www.freightwaves.com/news/wall-street-gives-very-big-thumbs-up-to-triumph-hubtran-deal