UBS raised the firm’s price target on TransDigm (TDG) to $1,645 from $1,451 and keeps a Buy rating on the shares. TransDigm’s results were in-line with expectations and guidance was reiterated with the tariff impact absorbed, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TDG:
- TransDigm Group: Strong Market Position and Financial Performance Drive Buy Rating
- TransDigm Group’s Strong Financial Performance and Strategic Outlook Earns Buy Rating from Ronald Epstein
- TransDigm Reports Strong Q2 Earnings Growth
- TransDigm’s Q2 Earnings Call Highlights Growth and Caution
- TransDigm CEO Kevin Stein to retire, Mike Lisman to succeed