Citi lowered the firm’s price target on TransDigm (TDG) to $1,563 from $1,648 and keeps a Buy rating on the shares. The firm cites the recent debt issuance and special dividend for the target cut.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TDG:
- TDG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- TransDigm price target raised to $1,500 from $1,440 at KeyBanc
- Heico price target raised to $265 from $245 at Morgan Stanley
- TransDigm price target raised to $1,555 from $1,435 at JPMorgan
- TransDigm price target raised to $1,577 from $1,524 at Deutsche Bank