TransDigm price target raised to $1,553 from $1,490 at Truist
Truist analyst Michael Ciarmoli raised the firm’s price target on TransDigm (TDG) to $1,553 from $1,490 and keeps a Buy rating on the shares. The company’s mixed results were accompanied by a reaffirmed FY25 outlook, with defense revenue growth having notched up and aero OEM having notched lower on bizjet/helo weakness, the analyst tells investors in a research note. Bookings trends remain solid despite airlines cutting capacity, the firm adds. Published first on TheFly – the ultimate source for