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Fly News Breaks for November 15, 2016
TDG
Nov 15, 2016 | 05:55 EDT
Deutsche Bank analyst Myles Walton upgraded TransDigm to Buy saying the post-earnings selloff provides a buying opportunity. The market missed the implied free cash flow growth in the company's FY17 forecast, Walton tells investors in a research note. He notes the implied outlook came in 20% better than his estimate. The analyst raised his price target for TransDigm shares to $290 from $282.
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