UBS Maintains Neutral on Spirit AeroSystems Hldgs, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons maintains a Neutral rating on Spirit AeroSystems (NYSE:SPR) and lowers the price target from $35 to $33.

May 08, 2024 | 1:52 pm
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NEUTRAL IMPACT
UBS maintains a Neutral rating on Spirit AeroSystems and lowers the price target from $35 to $33.
The adjustment in price target by UBS reflects a cautious but not pessimistic view on Spirit AeroSystems. The Neutral rating remains unchanged, indicating that UBS does not foresee significant downside or upside in the near term. However, the reduction in price target could suggest a slight negative adjustment in the valuation outlook, potentially leading to a modest short-term impact on investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100