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Fly News Breaks for May 10, 2017
TDG
May 10, 2017 | 07:24 EDT
Jefferies analyst Sheila Kahyaoglu says that while TransDigm shares dropped 5% following the in-line results, the underlying fundamentals of the earnings report, namely profitability and free cash flow, were strong. The analyst lowered her price target for the stock to $283 from $298 and keeps a Buy rating on the name.