CEO Stein stated, "We are raising our full year guidance primarily to reflect our strong first quarter results and current expectations for the remainder of the fiscal year. As our fiscal 2023 progresses, should the favorable trends in the commercial aerospace market recovery continue, including the expansion of flight activity in China, we could see further upward revision to our guidance."
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on TDG:
- TransDigm Group Reports Fiscal 2023 First Quarter Results
- TransDigm price target raised to $710 from $660 at Wells Fargo
- TransDigm price target raised to $765 from $735 at Credit Suisse
- TransDigm price target raised to $710 from $700 at Truist
- TransDigm price target lowered to $765 from $801 at Morgan Stanley
