JP Morgan Maintains Neutral on TransDigm Gr, Raises Price Target to $1435
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman maintains a Neutral rating on TransDigm Group (NYSE:TDG) but raises the price target from $1350 to $1435.
September 04, 2024 | 10:18 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on TransDigm Group but increased the price target from $1350 to $1435, indicating a positive outlook on the stock's potential.
The increase in price target from $1350 to $1435 by JP Morgan suggests a positive outlook for TransDigm Group's stock, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may interpret the raised target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100