KeyBanc analyst Michael Leshock raised the firm’s price target on TransDigm (TDG) to $1,700 from $1,500 and keeps an Overweight rating on the shares. Post the firm’s analysis, including its proprietary Q2 Plane Chain survey of aerospace suppliers, KeyBanc is largely maintaining FY25-FY26 estimates. The firm remains confident on enduring tightness within the A&D aftermarket, and strength within Space & Defense.
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’s Strategic Acquisitions Drive Buy Rating Amid Revenue Growth Potential
- Star Equity Fund says Servotronics campaign leads to acquisition by TransDigm
- TransDigm to acquire Simmonds Precision Products for $765M in cash
- TransDigm resumed with a Buy at Stifel
- Servotronics executes amendment to agreement and plan of merger with TransDigm