Morgan Stanley Maintains Overweight on TransDigm Gr, Raises Price Target to $1200
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kristine Liwag has maintained an Overweight rating on TransDigm Group (TDG) and increased the price target from $1000 to $1200.
November 10, 2023 | 2:22 pm
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POSITIVE IMPACT
TransDigm Group's stock may see a positive short term impact due to Morgan Stanley's raised price target from $1000 to $1200 and maintained Overweight rating.
Analyst upgrades or positive revisions in price targets generally lead to a positive sentiment among investors, potentially driving the stock price up in the short term. The substantial increase in the price target by a reputable firm like Morgan Stanley suggests a strong conviction in the company's future performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100