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Fly News Breaks for October 12, 2016
BEAV
Oct 12, 2016 | 16:16 EDT
As previously reported, Goldman Sachs analyst Noah Poponak downgraded B/E Aerospace to Neutral from Buy. He also removed the stock from the firm's Americas Buy List. While B/E has a stronger position than most in the Aerospace supply chain, the widebody original equipment segment has worsening downside risks, Poponak tells investors. The analyst lowered his price target on the stock to $52 from $56.
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