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Stock Market & Financial Investment News

News Breaks
June 11, 2014
05:50 EDTBEAVBE Aerospace downgraded to Hold from Buy at Jefferies
Jefferies downgraded BE Aerospace to Hold with a $97 price target citing valuation. Shares of BE Aerospace fell 5% yesterday to $94.15 after the company announced plans to split into two companies. Investors seemed disappointed that the company was unable to sell itself.
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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