BofA raises TransDigm PT on strong demand, strategic M&A
** BofA Global Research raises PT on aerospace supplierTransDigm TDG.N to $1,460 from $1,310
** Brokerage saysstrong booking across all end markets to de-risk second half of the year
** Sees TDG as "standout performer"as co navigates supply chain delays, labor shortages, OEM production ramp challenges
** Aggressive M&A supporting niche intellectual property driven portfolio has allowed TDG to benefit from increased demand - BofA
** New PT represents 10% upside to stock's last close
** BofA says TDG is "master of capital allocation"with track record of strategic, accretive capital deployment decisions"
** 19 of 25 brokerages rate stock "buy" or higher, rest six "hold"; their median PT is $1,403
** YTD, stock up 30%
Reporting by Pratyush Thakur
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