Jefferies raises TransDigm PT on strong M&A activity
** Brokerage Jefferies raises PT for aircraft parts maker TransDigm group TDG.N to $1,625 from $1,520, retains "buy" rating
** New price target represents a 21.8% upside to stock's last close
** On Thursday, TDG completed acquisition of Electron Device Business of Communications & Power Industries
** Last month, co announced acquisition of SEI Industries and Raptor Scientific
** Jefferies says "TDG has shown both efficiency and willingness to do M&A" and expects transactions to be accretive
** 19 of 25 brokerages rate the stock "buy" or higher, six "hold"; their median PT is $1,403
** Shares up 31.4%, YTD
Reporting by Aishwarya Jain in Bengaluru
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