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Fly News Breaks for March 22, 2017
TDG
Mar 22, 2017 | 08:53 EDT
As previously reported, Cowen analyst Gautam Khanna downgraded TransDigm to Market Perform from Outperform. The analyst cited the outside prospect of a Department of Defense inquiry, the potential elimination of the interest deductibility for tax purposes, high financial leverage, and headline risks. Khanna lowered his price target to $219 from $270 on TransDigm shares.
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