TransDigm (TDG) PT Raised to $460 at Cowen

February 6, 2019 8:00 AM EST
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Price: $651.33 +0.63%

Rating Summary:
    16 Buy, 11 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 23
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Cowen analyst Gautam Khanna raised the price target on TransDigm (NYSE: TDG) to $460.00 (from $408.00) while maintaining a Outperform rating.

The analyst commented, "Strong, broad-based demand trends in Q1 and the pending close of the accretive ESL acquisition should sustain the stock's upward grind to $460+, 20x our ballpark F21E EPS of $23 (post ESL close)."

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