Shire and Transdigm Reach 52-Week Stock Price Highs Feb. 13th

Shire Plc (NASDAQ:SHPGY): On Friday, Baird raised its price target on Shire following strong Q4 results. The firm cited its pipeline, macro improvement, and constructive guidance. Shares are Outperform rated. The shares closed at $106.33, up $1.42 or 1.35% on the day. They have traded in a 52-week range of $80.74 to $105.53.

Transdigm Group Inc. (NYSE:TDG): On Feb. 8th, DA Davidson increased its target on TransDigm after the company reported higher than expected Q1 EPS. The firm believes that the company merits a premium valuation, partly due to its expanding margins. The firm maintains a Buy rating. The shares closed at $118.18, up $1.99 or 1.71% on the day. They have traded in a 52-week range of $73.76 to $118.45.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

More from The Cheat Sheet