Truist Securities Maintains Buy on TransDigm Gr, Raises Price Target to $1044
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Ciarmoli maintains a 'Buy' rating on TransDigm Gr (NYSE:TDG) and raises the price target from $870 to $1044.

July 21, 2023 | 2:25 pm
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POSITIVE IMPACT
The 'Buy' rating maintained by Truist Securities and the raised price target could potentially lead to an increase in the stock price of TransDigm Gr in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and trading behavior. The maintained 'Buy' rating indicates that the analyst believes the stock will outperform the market, which could attract more investors. The raised price target suggests that the analyst sees further upside potential, which could also boost investor sentiment and lead to a short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100