Barclays Maintains Overweight on Spirit AeroSystems Hldgs, Lowers Price Target to $30
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst David Strauss has maintained an Overweight rating on Spirit AeroSystems Hldgs (NYSE:SPR) but lowered the price target from $40 to $30.

August 08, 2023 | 12:34 pm
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Barclays has maintained an Overweight rating on Spirit AeroSystems but lowered the price target from $40 to $30.
While the Overweight rating suggests that Barclays expects Spirit AeroSystems to outperform the market, the reduction in the price target could lead to some short-term uncertainty among investors. However, the impact on the stock price is likely to be neutral in the short term as the positive and negative signals balance each other out.
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IMPORTANCE 80
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