RBC Capital Maintains Sector Perform on Spirit AeroSystems Hldgs, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert has maintained a 'Sector Perform' rating on Spirit AeroSystems Holdings (NYSE:SPR) and increased the price target from $33 to $35.
May 08, 2024 | 6:39 pm
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Spirit AeroSystems Holdings' stock rating was maintained as 'Sector Perform' by RBC Capital, with a price target increase from $33 to $35.
The decision by RBC Capital to maintain a 'Sector Perform' rating on Spirit AeroSystems Holdings while raising the price target suggests a positive outlook on the company's financial health and market position. This adjustment in the price target reflects an expectation of moderate growth or stability in the company's stock price, likely influenced by industry trends, company performance, or market conditions. The increase in price target can be seen as a signal of confidence in the company's future performance, potentially leading to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100