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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TDG:
- TransDigm price target raised to $1,300 from $1,250 at RBC Capital
- TransDigm price target raised to $1,300 from $1,250 at TD Cowen
- TransDigm price target raised to $1,395 from $1,380 at Citi
- TransDigm price target lowered to $1,395 from $11,380 at Citi
- TransDigm price target raised to $1,175 from $1,050 at JPMorgan