Deutsche Bank has revised its price target for TransDigm (TDG, Financial), decreasing it slightly to $1,418 from the previous $1,421. Despite this adjustment, the firm maintains a Hold rating on the stock as it prepares for its first-quarter analysis of the aerospace sector.
Within this sector assessment, Deutsche Bank identifies several key stocks with potential for strong performance. The firm's top selections include GE Aerospace (GE), Howmet Aerospace (HWM), Carpenter Technology (CRS), and Crane (CR). These companies are anticipated to achieve mid-single-digit or better growth, bolstered by their strong performance history in uncertain market conditions.
Additionally, Deutsche Bank expresses a preference for Northrop Grumman (NOC) as a means to balance volatility, acknowledging that its primary selections tend to have higher beta values. Conversely, the firm holds a negative outlook on Huntington Ingalls Industries (HII) as the earnings report approaches.
