Market Overview

Morgan Stanley Reiterates Underweight Rating, $117 PT on TransDigm Group

Related TDG
TransDigm (TDG) is Overbought: Is A Drop Coming? - Tale of the Tape
Target And Others Insiders Have Been Buying

In a report published Friday, Morgan Stanley reiterated its Underweight rating and $117.00 price target on TransDigm Group (NYSE: TDG).

Morgan Stanley noted, “TDG reported a small miss in F4Q12, but initial F13 guide was well below our expectations. Comm. aftermarket continues to decelerate, while a defense downturn and a slowdown in M&A continue to be ongoing concerns. Reiterate UW and $117 PT.”

TransDigm Group closed on Thursday at $125.65.

Posted-In: Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Most Popular

Related Articles (TDG)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free