Transdigm Group (TDG) Tops Q2 EPS by 28c; FY16 EPS Outlook Tops Views

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RBC Capital Raises Price Target on Transdigm Group (TDG) Following 2Q Results

May 11, 2016 6:43 AM EDT

RBC Capital reiterated an Outperform rating on TransDigm Group (NYSE: TDG), and raised the price target to $271.00 (from $253.00), following the company's 2Q earnings report. TDG reported adjusted EPS of $2.86, coming in ~10% ahead of consensus estimates. The better than expected topline in the quarter came from... More