Stifel Initiates Coverage On Spirit AeroSystems Hldgs with Hold Rating, Announces Price Target of $28
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Bert Subin has initiated coverage on Spirit AeroSystems Holdings (NYSE:SPR) with a Hold rating and set a price target of $28 for the company's stock.
December 01, 2023 | 11:01 am
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NEUTRAL IMPACT
Stifel analyst Bert Subin initiated coverage on Spirit AeroSystems with a Hold rating and a price target of $28, which may influence the stock's performance in the short term.
The initiation of coverage by Stifel with a Hold rating typically suggests a neutral outlook on the stock, indicating that the analyst believes the stock is fairly valued at its current price. The price target of $28 provides a reference point for investors but does not imply significant upside or downside, hence the neutral score. The relevance is high as the news directly pertains to SPR, and the importance is significant as analyst ratings can influence investor sentiment and stock price. The confidence level is high due to the direct mention of the analyst's rating and price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100