UPDATE: Imperial Capital Reiterates TransDigm Group at Outperform Following Meeting with Management - TransDigm Gr (NYSE:TDG)

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Imperial Capital maintained its Outperform rating and $156 price target on TransDigm Group (NYSE: TDG). Imperial Capital noted, "Our recent meeting on 11/16/12 with management at company headquarters, in Cleveland, Ohio, provided better clarity on the 2013 outlook, and re-affirmed our positive outlook for TDG stock. In our view, the fundamental upside in 2013 is limited. Commercial aftermarket growth could be closer to 10% than 5%, but the primary levers for 2013 are execution on the expected GPECS acquisition, and further transactions."TransDigm Group closed at $132.40 on Friday.

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