UBS Raises PT and Estimates on TransDigm (TDG); Still See Opportunity in Aftermarket

July 20, 2012 12:44 PM EDT Send to a Friend
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Price: $150.01 +0.39%

Rating Summary:
    8 Buy, 7 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
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UBS maintains a 'Buy' on TransDigm (NYSE: TDG) price target of $145.00 (from $135.00).

Analyst, David E. Strauss, said, "We're not ready to give up on the aftermarket as it relates to TDG just yet and think there's a lot more upside to come from AmSafe than is currently reflected in consensus estimates. We have raised our estimates and think that valuation, while looking a bit stretched, is sustainable with further upside to expectations." (FY13 EPS estimate raised from $7.85 to $8.00)

For an analyst ratings summary and ratings history on TransDigm click here. For more ratings news on TransDigm click here.

Shares of TransDigm closed at $129.97 yesterday, with a 52 week range of $73.76-$136.34.


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