Showing posts with label TransDigm. Show all posts
Showing posts with label TransDigm. Show all posts

Friday, August 19, 2011

Symantec (SYMC) (TDG) (BIIB) (DPZ) (BJRI) (RWT) Upgraded

Symantec (NASDAQ: SYMC), Transdigm Group (NYSE: TDG), Biogen Idec Inc. (NASDAQ: BIIB), Domino’s Pizza, Inc. (NYSE: DPZ), BJ’s Restaurants, Inc. (NASDAQ: BJRI) and Redwood Trust Inc (NYSE: RWT) upgraded by analysts.

Symantec (SYMC) was upgraded by Standpoint Research from a “Hold” rating to a “Buy” rating. They have a price target of $20.00 on the company.

Transdigm Group (TDG) was upgraded by RBC Capital to an “Outperform” rating.

Biogen Idec Inc. (BIIB) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $109.00 on the company.

Domino’s Pizza, Inc. (DPZ) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $32.00 on the company.

BJ’s Restaurants, Inc. (BJRI) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $54.00 on the company.

Redwood Trust Inc. (RWT) was upgraded by Cantor Fitzgerald from a “Hold” rating to a “Buy” rating.

Thursday, May 19, 2011

Price Targets on (ROVI) (STEC) (TDG) (UPS) (URS) Updated

Price targets on shares of Rovi Corp (NASDAQ: ROVI), STEC Inc (NASDAQ: STEC), Transdigm Group (NYSE: TDG), United Parcel Service, Inc. (NYSE: UPS) and URS Co. (NYSE: URS) were updated by analysts.

Piper Jaffray (NYSE:PJC) raised their price target on Rovi Corp (ROVI) from $71.00 to $72.00. They have an “overweight” rating on the company.

Deutsche Bank (NYSE:DB) cut their price target on STEC Inc (STEC) from $27.00 to $20.00. They have a “hold” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Transdigm Group (TDG) from $86.00 to $87.00. They have a “neutral” rating on the company.

Deutsche Bank raised their price target on United Parcel Service, Inc. (UPS) from $90.00 to $93.00. They have a “buy” rating on the company.

JPMorgan Chase & Co. raised their price target on URS Co. (URS) from $45.00 to $47.50. They have a “neutral” rating on the company.

Wednesday, May 18, 2011

Price Targets on (SLH) (STEC) (TDG) (TGI) (TJX) Updated

Analysts updated price targets on Solera Holdings, Inc. (NYSE: SLH), STEC Inc (NASDAQ: STEC), Transdigm Group (NYSE: TDG), Triumph Group, Inc. (NYSE: TGI) and TJX Companies Inc (NYSE: TJX).

Barrington Research raised their price target on Solera Holdings, Inc. (SLH) from $57.50 to $62.50. They have an “outperform” rating on the company.

Northland Securities cut their price target on STEC Inc (STEC) from $30.00 to $23.00. They have an “outperform” rating on the company.

RBC Capital raised their price target on Transdigm Group (TDG) from $90.00 to $92.00. They have an “outperform” rating on the company.

Stifel Nicolaus raised their price target on Triumph Group, Inc. (TGI) from $112.00 to $120.00. They have a “buy” rating on the company.

RBC Capital raised their price target on TJX Companies Inc (TJX) from $56.00 to $60.00. They have an “outperform” rating on the company.

Wednesday, May 11, 2011

Price Targets on (ROVI) (STEC) (TDG) (UPS) (URS) Updated

Price targets on shares of Rovi Corp (NASDAQ: ROVI), STEC Inc (NASDAQ: STEC), Transdigm Group (NYSE: TDG), United Parcel Service, Inc. (NYSE: UPS) and URS Co. (NYSE: URS) were updated by analysts.

Piper Jaffray (NYSE:PJC) raised their price target on Rovi Corp (ROVI) from $71.00 to $72.00. They have an “overweight” rating on the company.

Deutsche Bank (NYSE:DB) cut their price target on STEC Inc (STEC) from $27.00 to $20.00. They have a “hold” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Transdigm Group (TDG) from $86.00 to $87.00. They have a “neutral” rating on the company.

Deutsche Bank raised their price target on United Parcel Service, Inc. (UPS) from $90.00 to $93.00. They have a “buy” rating on the company.

JPMorgan Chase & Co. raised their price target on URS Co. (URS) from $45.00 to $47.50. They have a “neutral” rating on the company.

Monday, January 31, 2011

Alcoa (NYSE:AA) Acquiring Fastener Division of TransDigm Group for $240 Million

In a move to expanding its fastener business, Alcoa (NYSE:AA) announced they will acquire the aerospace fastener division of TransDigm Group Inc. for $240 million.

Vitaliy Rusakov, president of Alcoa Fastening Systems said, “The TransDigm (NYSE:TDG) global aerospace fastener business offers a strong portfolio of complementary products and is well known in the aerospace industry for producing highly engineered precision fastening solutions used for critical airframe, engine and equipment applications."

The business, which makes high-strength, high-temperature nickel alloy speciality engine fasteners, slotted entry bearings and airframe bolts, will operate as part of Alcoa Fastening Systems.

Included in the deal will be three manufacturing plants: two based in the UK and one in California. Together they employ 400 workers.

Alcoa was trading at $16.49, up $0.36, or 2.23 percent, as of 12:04 PM EST. Transdigm was trading at $77.60, gaining $0.90, or 1.17 percent.

Friday, January 14, 2011

TransDigm (NYSE:TDG) EPS Growth Rate Boosted on McKechnie, Recovering Aerospace OEM

Soleil raised their EPS estimates on TransDigm (NYSE:TDG) for the next three to five years, citing the acquisition of McKechnie and the recovery of aerospace OEM.

Soleil says, "We are raising our estimates to $3.92 for FY11 (from $3.83 previously) and $4.64 for FY12 (from $4.36), and our three-to-five year EPS growth rate to 16% (from 14%) due to potential from the purchase of McKechnie and a recovering aerospace OEM and aftermarket...With an over 90% proprietary product mix and around 80% from sole source sales, we believe TransDigm benefits from a significant barrier to entry...High margin aftermarket sales (55% of the total and 85% of EBITDA), are now rebounding due to improving airline traffic."

Soleil Securities reiterates a "Buy" on TransDigm, which closed Thursday at $76.44, down $0.16, or 0.21 percent. Soleil raised their price target on TransDigm from $80 to $96.