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In a report published Thursday, Canaccord Genuity analyst Ken Herbert initiated coverage on
TransDigm GroupTDG with a Buy rating and $165.00 price target.
In the report, Canaccord Genuity noted, “We are initiating coverage of TransDigm with a BUY rating and a $165 price target. We like TDG for the cash deployment catalysts, acquisitions, and execution capabilities.”
TransDigm Group closed on Wednesday at $137.86.
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