Truist analyst Michael Ciarmoli raised the firm’s price target on TransDigm (TDG) to $1,553 from $1,490 and keeps a Buy rating on the shares. The company’s mixed results were accompanied by a reaffirmed FY25 outlook, with defense revenue growth having notched up and aero OEM having notched lower on bizjet/helo weakness, the analyst tells investors in a research note. Bookings trends remain solid despite airlines cutting capacity, the firm adds.

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TransDigm price target raised to $1,645 from $1,451 at UBS TransDigm Group: Strong Market Position and Financial Performance Drive Buy Rating TransDigm Group’s Strong Financial Performance and Strategic Outlook Earns Buy Rating from Ronald Epstein TransDigm Reports Strong Q2 Earnings Growth TransDigm’s Q2 Earnings Call Highlights Growth and Caution

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