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Fly News Breaks for May 2, 2016
SPR
May 2, 2016 | 09:17 EDT
After Spirit reported stronger than expected Q1 results but did not raise its guidance and the stock declined, Bernstein says the lack of a guidance increase is "a non-issue." The firm expects the stock to recover going forward. It raised its price target on the name to $74 from $68 and keeps an Outperform rating on the shares.
News For SPR From the Last 2 Days
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