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A number of firms have modified their ratings and price targets on shares of Spirit AeroSystems Holdings (NYSE: SPR) recently:

  • Spirit AeroSystems Holdings had its price target raised by analysts at Barclays from $33.00 to $38.00.
  • Spirit AeroSystems Holdings had its price target raised by analysts at Canaccord Genuity from $32.00 to $36.00. They now have a “buy” rating on the stock.
  • Spirit AeroSystems Holdings had its price target raised by analysts at JPMorgan Chase & Co. from $28.00 to $36.00.
  • Spirit AeroSystems Holdings had its price target raised by analysts at Credit Suisse from $28.00 to $31.00.
  • Spirit AeroSystems Holdings had its price target raised by analysts at Sterne Agee from $8.00 to $35.00.
  • Spirit AeroSystems Holdings had its price target raised by analysts at Deutsche Bank from $30.00 to $36.00. They now have a “hold” rating on the stock.
  • Spirit AeroSystems Holdings had its price target raised by analysts at CRT Capital from $24.50 to $30.00. They now have a “fair value” rating on the stock.
  • Spirit AeroSystems Holdings had its price target raised by analysts at Citigroup Inc. from $35.00 to $38.00. They now have a “buy” rating on the stock. They wrote, “SPR printed a relatively clean 1Q14, the first without any segment charges in a few years. Op margins rose ~120 bps y/y & exceeded our estimates by 200 bps, with Wing turning in an impressive 12% margin seeing as it’s where most of the troubled programs reside. Overall, the Q was a nice look into what SPR is capable of when they’re executing well. The lack of a guidance boost after a solid beat prompted some head-scratching, but this management team is clearly staying conservative by setting expectations it know it can exceed. We liked the Q, we like management’s focus & we continue to like SPR given strong underlying earning potential. PT to $38 on higher EPS estimates & richer valuation.”

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) opened at 33.12 on Monday. Spirit AeroSystems Holdings, Inc. has a 1-year low of $20.55 and a 1-year high of $35.89. The stock’s 50-day moving average is $29.2 and its 200-day moving average is $30.49. The company’s market cap is $4.793 billion.

Spirit AeroSystems Holdings, Inc (NYSE:SPR) is an independent non- original equipment manufacturer (OEM) aircraft parts designers and manufacturers of commercial aerostructures.

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