Cowen analyst Gautam Khanna raised the firm’s price target on TransDigm to $830 from $695 and keeps an Outperform rating on the shares. The analyst said we view TransDigm as the most elegant way to express a long commercial aerospace aftermarket large cap view especially given its steep valuation discount to peers.
Published first on TheFly
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- TransDigm price target raised to $793 from $765 at Morgan Stanley
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- TransDigm raises FY23 adjusted EPS view to $21.47-$22.87 from $20.68-$22.08
- TransDigm reports Q1 adjusted EPS $4.58, consensus $4.25
