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

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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.

Latest Ratings for TDG

DateFirmActionFromTo
Aug 2015FBR CapitalReiteratesSector Perform
Aug 2015RBC CapitalMaintainsSector Perform
Aug 2015Canaccord GenuityMaintainsBuy

View More Analyst Ratings for TDG
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