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Here Is What Analysts Are Saying About TransDigm Group Incorporated (TDG)
TransDigm Group Incorporated (NYSE:TDG) is among the 10 Best Aerospace Stocks to Buy Now. On July 14, Susquehanna analyst Charles Minervino hiked the stock's price target to $1,600 from $1,300, while maintaining a Neutral rating for its shares. A close up of the hand of a financial analyst, holding a copy of a report from a rating agency. The firm believes that tailwinds in the commercial aerospace and defense industry heading into the second-quarter earnings season are setting the stage for an encouraging outlook for 2025 and beyond. Minervino noted the improvement in production, deliveries, and orders on the commercial front and described it as a favorable development for the overall supply chain. Earlier in the month, on July 11, Truist Securities lifted TransDigm Group Incorporated (NYSE:TDG)'s price target to $1,730 from $1,553 and reiterated a Buy rating for its shares, as part of a broader research note previewing Q2 results for companies in the sector. Analyst Michael Ciarmoli said that commercial aerospace and defense companies should be able to manage the impact from tariffs. He also cited favorable global defense spending and strength in the commercial aerospace aftermarket as important factors behind the latest rating update. On July 2, Keybanc raised TransDigm Group Incorporated (NYSE:TDG)'s price target to $1,700 from $1,500 and maintained an Overweight rating for its shares, citing a robust aftermarket environment and rising demand for defense products worldwide. Overall, Wall Street analysts are bullish on the stock, with a consensus Buy rating and a one-year average share price target of $1,644, representing an upside potential of 2.4% as of the close of business on July 28. While we acknowledge the potential of TDG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best Global Stocks to Buy Right Now and 10 Best Small Cap Defense Stocks to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 minutes ago
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Coffee chain Black Rock Coffee confidentially files to go public, sources say
By Abigail Summerville and Echo Wang NEW YORK (Reuters) -Black Rock Coffee Bar has filed confidentially for an initial public offering in New York that could value the cafe chain at more than $1 billion, according to four people familiar with the matter. The founder-owned restaurant has tapped investment banks JPMorgan Chase, Jefferies Financial, and Morgan Stanley to work on its listing, which could happen as soon as this year, the sources said. Confidential filings allow companies to keep financial and strategic information private while engaging with regulators and assessing investor appetite ahead of a formal, public launch. The sources cautioned that the plans could change, depending on market conditions, and spoke on condition of anonymity to discuss private deliberations. Black Rock Coffee, JPMorgan, Jefferies, and Morgan Stanley declined to comment. Earlier expectations for a sharp rebound in U.S. IPOs this year have been dampened by geopolitical tensions and economic uncertainty, including concerns over tariffs. Still, recent signs of market stabilization have encouraged bankers and companies to press ahead with listings, raising hopes for an increase in IPOs in the second half of the year. Investor appetite for new listings, in particular for select high-growth names, is also providing a boost. Design software company Figma raised the indicative price range for its upcoming IPO this week, and shares of AI cloud computing firm CoreWeave have jumped nearly 170% since their debut in March. Smaller coffee chains with loyal customers have been taking share from larger players such as Starbucks. Another regional chain, Scooter's Coffee, is exploring a sale that could value it at close to $1 billion, Reuters reported this month. Co-founders Jeff Hernandez and Daniel Brand launched Black Rock Coffee in 2008 in Oregon. It has over 150 locations across Arizona, California, Colorado, Idaho, Oregon, Texas, and Washington. The Scottsdale, Arizona-based company has drive-through locations and sells hot and iced coffees and energy drinks. Another drive-through coffee chain, Dutch Bros, went public in 2021 at a more than $5-billion valuation. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Starbucks tests coconut drinks, agave syrup in healthier menu for RFK Jr. era
(Bloomberg) — Starbucks Corp., (SBUX) which built a loyal following in part by selling sugary candy-colored drinks, has a vision for a healthier menu that's better suited for the MAHA era. It's testing matcha and cold brew made with coconut water. It's exploring syrups sweetened with agave instead of sugar. It's been piloting a protein-infused cold foam and looking into more plant-based products. The moves are meant to draw in the health and wellness crowd, part of a broader menu overhaul designed to bring more traffic to stores and reverse a stubborn sales slump. On Tuesday, the company reported its sixth straight quarter of same-store sales declines and a steeper-than-expected drop in profits. The menu revamp is one element of a turnaround plan put into place by Chief Executive Officer Brian Niccol that has yet to bear fruit. 'We've been working on sugar reduction,' Dana Pellicano, who leads product development at Starbucks, said in an interview. This week, the Seattle-based chain started testing coconut-water-based beverages at five New York-area stores. The drinks have about a third of the sugar content of a summer-berry lemonade refresher, plus electrolytes. A bigger regional test will soon follow. As the chain builds out its new menu, sugar is a key area of focus, Pellicano said. The company is exploring syrups made with sweeteners such as agave, dates or coconut and 'actively working on' other sugar-free beverages, Pellicano said. Earlier this year, the chain launched lower-calorie ready-made Frappuccinos and sugar-free canned energy drinks. It also removed sweetener from its matcha powder. Starbucks is walking a fine line. Its sugar-laden Frappuccinos and refreshers bring much-needed traffic to stores, but the chain also wants to appeal to a growing cohort of health-conscious customers. US Health and Human Services Secretary Robert F. Kennedy, Jr. put a spotlight on the company when he said that CEO Niccol pledged that Starbucks would 'further MAHA' its menu. The focus on adding healthier options predates the Trump administration, according to Pellicano. The company removed ingredients such as high-fructose corn syrup, as well as artificial dyes and flavors, years ago. It launched the sugar-free matcha in January, before Kennedy was confirmed to his post. The strategy, Pellicano said, is to offer more options to draw a variety of customers. For people on weight-loss shots or on a diet, Starbucks is looking into more nutrient-dense foods, like that protein foam. It's planning vegetarian, vegan and gluten-free options. Any new new food or drink items it launches will start with a test in five US stores. From there, baristas and customers can give feedback on everything from taste to how difficult products are to make. If it's successful, a wider release will follow. 'We are the industry leader in customization,' she said, adding that Starbucks wants customers to find something on its menu 'without having to sacrifice how they want to feel about their choices.' (Adds information from company's earnings in fourth graf. ©2025 Bloomberg L.P.
