BUZZ-BofA raises TransDigm PO on robust aftermarket, defense business

Reuters
29 May
BUZZ-BofA raises <a href="https://laohu8.com/S/TDG">TransDigm</a> PO on robust aftermarket, defense business

** BofA Global Research raises price objective on aerospace parts supplier TransDigm Group TDG.N to $1,615 from $1,500; rating unchanged at 'buy'

** New price objective a 10.6% upside to stock's last close

** Says co's portfolio remains resilient, with aftermarket and defense driving performance

** Says TDG will face little-to-no impact from expected tariffs owing to limited exposure to affected countries and widespread domestic manufacturing

** Research firm cuts 2025 adj revenue estimate to $8.96 bln from $9 bln

** 19 of 23 brokerages rate the stock "buy" or higher, 4 "hold"; their median PT is $1,526 - data compiled by LSEG

** As of last close, stock had risen 15.3% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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