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Fly News Breaks for May 10, 2017
TDG
May 10, 2017 | 07:18 EDT
SunTrust analyst - Michael Ciarmoli says that TransDigm reported "mixed results," but increased its full-year revenue, adjusted EPS and EBITDA guidance. The analyst says that the company's bookings "remained strong," and he thinks the company's results are poised to improve in the second half of fiscal 2017. He recommends buying the stock on weakness and reiterates a $295 price target.
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