Credit Suisse analyst Robert Spingarn lowered his price target for Spirit AeroSystems to $102 from $112, while reiterating an Outperform rating on the shares. The analyst says that while the shares may seem to be overcorrecting on the modest 3% reduction to OCF guidance, the opacity around normalized margins has caused some investors to jump ship.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Boeing (BA) is expected to report results on its fiscal first quarter on Wednesday, April 24, with a conference call scheduled for 10:30 am EDT. What to watch... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here