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Fly News Breaks for November 20, 2019
TDG
Nov 20, 2019 | 08:48 EDT
Canaccord analyst Ken Herbert noted TransDigm reported Q4 earnings that beat his estimates and gave guidance that he believes appears conservative. He said management sounded confident in the end-market outlook but also highlighted a few reasons for caution. Herbert reiterated his Buy rating and raised his price target to $625 from $620 on TransDigm shares.
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