BofA analyst Ronald Epstein raised the firm’s price target on TransDigm (TDG) to $1,615 from $1,500 and keeps a Buy rating on the shares. The firm continues to see TransDigm as a strong operator with a best-in-class portfolio exposed to favorable end markets whose operational efficiency and flexibility positions it to respond to uncertainty, the analyst tells investors. The company’s aftermarket and defense exposure are “robust,” while commercial OEM progress could spur incremental opportunity, the analyst added.
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