Stifel initiated coverage of TransDigm with a Hold rating and $1,000 price target. TransDigm’s historic success is “undeniable,” but Stifel thinks higher interest rates and a mix shift toward OEM sales will moderate upside and firm thinks there are better opportunities in the near term, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TDG:
- TransDigm downgraded to Neutral from Overweight at Alembic Global
- TransDigm price target raised to $1,100 from $1,000 at BofA
- Lone Pine exited Nvidia during Q3, bought Meta and made top holding
- TransDigm price target raised to $1140 from $1013 at Baird
- TransDigm price target raised to $1,050 from $910 at Wells Fargo