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Fly News Breaks for February 10, 2016
TDG
Feb 10, 2016 | 09:01 EDT
Cowen believes the recent weakness in TransDigm following its slow start to Q1 is a rare buying opportunity. The firm cited its aero franchise with sizable pricing power, entry barriers, and large installed base. Cowen reiterated its Outperform rating and $240 price target on TransDigm shares.
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