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Stock Market & Financial Investment News

News Breaks
May 5, 2014
07:51 EDTBEAVBE Aerospace strategic review a surprise announcement, says Canaccord
Canaccord said BE Aerospace canceled its investor day following its announcement it would explore strategic alternatives. The firm is surprised by the announcement as its valuation is relatively high and they are not aware of any part of the business the company has identified as non-core and believes it is too early to speculate on any merger possibilities. Shares are Buy rated with a $100 price target.
News For BEAV From The Last 14 Days
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February 26, 2015
07:12 EDTBEAVUBS to hold a conference
Aerospace & Defense, Airlines & Lessors 1:1 Conference is being held in Boston on February 26.
February 23, 2015
06:51 EDTBEAVAerospace sector downgraded to Neutral from Attractive at Goldman
Goldman downgraded the Aerospace sector to Neutral based on group outperformance and increased downside risks. The firm believes Boeing (BA) and Airbus are now oversupplying the market after a decade of undersupply and replacement demand required to sustain production may prove difficult to achieve. Goldman said accelerated new aircraft replacements was partially due to fuel economics and lower fuel prices and global growth volatility could substantially change Aerospace dynamics. As part of the sector view change, Goldman downgraded Boeing to Sell from Neutral and Precision Castparts (PCP) to Natural from Buy.

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