Truist Securities Maintains Buy on TransDigm Gr, Raises Price Target to $1158
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has reaffirmed a Buy rating on TransDigm Group Incorporated (NYSE:TDG) and increased the price target from $1044 to $1158.
January 10, 2024 | 2:23 pm
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Truist Securities analyst Michael Ciarmoli maintains a Buy rating on TransDigm Group and raises the price target to $1158.
The increase in price target by Truist Securities is a strong positive signal for investors, suggesting a higher valuation and potential upside for the stock. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100