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TransDigm Group sees increased investment and stock rise as revenue surpasses expectations.
Mitsubishi UFJ Asset Management increased its holdings in TransDigm Group by 9.4% in the fourth quarter, while Korea Investment Corp slightly reduced its holdings but still owns $46.96 million worth of TransDigm stock.
TransDigm's stock price rose 16.8% in Q4, and the company reported a 12.1% increase in revenue to $2.01 billion, surpassing analyst expectations.
Analysts have a "Moderate Buy" rating on TransDigm with a target price of $1,477.18.
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TransDigm Group ve un aumento de la inversión y del stock a medida que los ingresos superan las expectativas.