Information Provided By:
Fly News Breaks for December 31, 2019
Dec 31, 2019 | 07:19 EDT
BofA analyst Ronald Epstein lowered his price target for TransDigm shares to $637 from $670 as the stock is now trading ex-dividend for the special cash dividend of $32.50 per share of common stock that has a record date of December 30 and payment date of January 7. However, he reiterates his Buy rating on TransDigm shares, citing his positive view of the company's "robust acquisitive history," free cash flow generation, attractive end-markets and track record of return of cash to shareholders.
News For TDG From the Last 2 Days
Jan 19, 2022 | 09:18 EST
The Committee holds a virtual hearing entitled, "Price Gouging in Military Contracts" with Deputy Inspector General Hull of the Defense Dept., John Tenaglia Defense Pricing at the Defense Dept., CEO Stein and Founder & Executive Chairman Howley of TransDigm Group on January 19 at 10 am. Webcast Link