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Fly News Breaks for January 15, 2016
SPR
Jan 15, 2016 | 07:48 EDT
Credit Suisse analyst Robert Spingarn upgraded Spirit AeroSystems to Outperform and increased his price target to $57 from $56 on shares. Spingarn thinks most commercial aerospace suppliers are insulated from headline risk facing commercial primes and says earnings should come through with deliveries, and therefore would use recent weakness as a buying opportunity.
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