KeyBanc analyst Michael Leshock raised the firm’s price target on TransDigm to $1,325 from $1,220 and keeps an Overweight rating on the shares. The firm’s survey work gave KeyBanc increased confidence/visibility surrounding prolonged tightness within A&D end markets, primarily A&D aftermarket. The firm recently attended the 2024 MRO Americas conference, which further supported its survey work and estimate changes.
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