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Stock Market & Financial Investment News

News Breaks
May 6, 2014
07:48 EDTBEAVSale of BE Aerospace consumables unit could be value destructive, says KeyBanc
After BE Aerospace said it would pursue strategic alternatives, KeyBanc believes that BE Aerospace made the announcement after it had received an unsolicited bid for all or part of the company. The firm warns that if the company decides to sell only its consumables unit, the stock would only be worth about $78-$100 per share. However, the entire company could be bought for $125-$140 per share, added the firm, which reiterates a $108 price target and Buy rating.
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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