RBC Capital Maintains Sector Perform on Spirit AeroSystems Hldgs, Lowers Price Target to $26
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Ken Herbert has maintained a 'Sector Perform' rating on Spirit AeroSystems Hldgs (NYSE:SPR) but lowered the price target from $32 to $26.
August 04, 2023 | 1:36 pm
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Spirit AeroSystems' price target has been lowered from $32 to $26 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a less optimistic outlook for Spirit AeroSystems, which could negatively impact the stock's price in the short term. However, the maintenance of the 'Sector Perform' rating suggests that the company is still expected to perform on par with other companies in the sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100