UBS Initiates Coverage On TransDigm Gr with Neutral Rating, Announces Price Target of $950
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons has initiated coverage on TransDigm Gr (NYSE:TDG) with a Neutral rating and a price target of $950.
October 11, 2023 | 9:13 am
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NEUTRAL IMPACT
UBS has initiated coverage on TransDigm Gr with a Neutral rating and a price target of $950.
The initiation of coverage by UBS with a Neutral rating suggests that the firm sees the stock as fairly valued at current levels. The price target of $950 indicates where they believe the stock will trade in the near future. This could influence investor sentiment and potentially impact the stock's price, but the neutral rating suggests no significant movement is expected in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100