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

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.

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