Morgan Stanley Upgrades Spirit AeroSystems Hldgs to Equal-Weight, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kristine Liwag upgraded Spirit AeroSystems Holdings (NYSE:SPR) from Underweight to Equal-Weight and increased the price target from $22 to $35.
December 20, 2023 | 10:43 am
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POSITIVE IMPACT
Spirit AeroSystems was upgraded by Morgan Stanley from Underweight to Equal-Weight, with a price target increase from $22 to $35.
Upgrades by major analysts like Morgan Stanley can lead to increased investor confidence and potential stock price appreciation in the short term. The significant raise in price target suggests a more optimistic outlook on the company's future performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100