Stifel Maintains Hold on TransDigm Gr, Raises Price Target to $1200
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Bert Subin maintains a Hold rating on TransDigm Group (TDG) and raises the price target from $1100 to $1200.
April 17, 2024 | 2:51 pm
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Stifel analyst Bert Subin maintains a Hold rating on TransDigm Group and raises the price target from $1100 to $1200.
The increase in price target by Stifel reflects a positive outlook on TransDigm Group's stock, suggesting potential upside. However, the Hold rating indicates that the stock might not significantly outperform the market in the short term. Investors might see this as a sign of stability with potential for growth, leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100