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Stock Market & Financial Investment News

News Breaks
March 14, 2013
13:25 EDTERJEmbraer reported good operating results, says Imperial Capital
After Embraer reported lower than expected Q4 EPS, Imperial Capital believes that the miss was mostly caused by a higher than expected tax rate. The firm expects the company to receive many more orders for its E-jets and it raised its target on the shares to $40 from $35 while maintaining an Outperform rating.
News For ERJ From The Last 14 Days
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February 23, 2015
06:51 EDTERJAerospace 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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