B of A Securities Maintains Underperform on Spirit AeroSystems Hldgs, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ronald Epstein maintains an 'Underperform' rating on Spirit AeroSystems Hldgs (NYSE:SPR) and raises the price target from $18 to $22.
August 25, 2023 | 1:03 pm
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Spirit AeroSystems' price target has been raised from $18 to $22 by B of A Securities, though the 'Underperform' rating is maintained.
While the price target increase for Spirit AeroSystems indicates some level of increased confidence in the company's performance, the maintained 'Underperform' rating suggests that the analyst still expects the company's stock to underperform. This could potentially limit any positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100