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Fly News Breaks for August 10, 2017
TDG
Aug 10, 2017 | 07:30 EDT
Credit Suisse analyst Robert Spingarn raised his price target for TransDigm to $320 from $301 on valuation. The analyst still sees support for the shares longer-term given the "strong" return profile, absence of negative catalysts on the horizon, a surge in Defense sales, and rising aftermarket growth as shipments catch up to bookings and comps begin to ease. He reiterates an Outperform rating on the shares.
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