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UBS cuts price target on TransDigm Group Incorporated (TDG) to $1,800, keeps buy rating
UBS has adjusted its price target for TransDigm Group Incorporated (TDG) to $1,800, down from its previous target. Despite the reduction in the price target, the firm has maintained its “buy” rating on the stock. This move indicates continued confidence in TransDigm’s performance, even with a revised valuation expectation.