Susquehanna analyst Charles Minervino raised the firm’s price target on TransDigm to $750 from $665 and keeps a Neutral rating on the shares. The analyst said TransDigm should see strong revenue growth and margin expansion based on pricing gains and volume improvement, which exited the quarter still 20-30% off pre-pandemic levels.
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Published first on TheFly
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Read More on TDG:
- TransDigm price target raised to $793 from $765 at Morgan Stanley
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