TransDigm (TDG) PT Raised to $610 at Cowen

November 20, 2019 9:54 AM EST
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Price: $649.75 +0.39%

Rating Summary:
    16 Buy, 11 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
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Cowen analyst Gautam Khanna raised the price target on TransDigm (NYSE: TDG) to $610.00 (from $590.00) while maintaining a Outperform rating.

The analyst commented, "Strong ESL integration traction, robust underlying demand & recharging balance sheet flexibility ($85/sh by 9/30/20) keep us bullish on TDG. Our new PT = $610, 17.7x PF F20E EV/adj. EBITDA."

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