Morgan Stanley raised the firm’s price target on TransDigm (TDG) to $1,660 from $1,600 and keeps an Overweight rating on the shares. The analyst, who calls TransDigm “the least expensive of the commercial aftermarket product manufacturers in our coverage,” expects the company to continue to execute on its historical operating playbook and deploy capital for acquisitions, special dividends, and share repurchases.
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Read More on TDG:
- TransDigm price target raised to $1,435 from $1,405 at JPMorgan
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