Goldman Sachs Starts TransDigm (TDG) at Neutral

Goldman Sachs initiates coverage on TransDigm (NYSE: TDG) with a Neutral. PT $105.

The firm said they favor the company's unique business model that results in peer-high profit margins and strong free cash flow. However, the firm said they are with "near-term slowing trends in commercial aftermarket relative to high expectations, potentially limited margin expansion from high levels, and less visible defense exposure."

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 $95.14 yesterday.

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