DA Davidson raises its price target on TransDigm (TDG) to $140 from $115 after the company beat...

|About: TransDigm Group Incorporated (TDG)|By:, SA News Editor

DA Davidson raises its price target on TransDigm (TDG) to $140 from $115 after the company beat the consensus earnings estimate of analysts with its FQ1 report yesterday. Analysts with the firm say TransDigm deserves a lofty valuation due to its growing margins.