Truist Securities Maintains Buy on TransDigm Gr, Raises Price Target to $1425
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Ciarmoli has maintained a Buy rating on TransDigm Group (TDG) and increased the price target from $1267 to $1425.
May 08, 2024 | 1:06 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating on TransDigm Group and raised the price target from $1267 to $1425, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong confidence in TransDigm Group's future performance. This endorsement from a reputable analyst is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100