Esterline upgraded to Buy from Neutral at Goldman Goldman Sachs upgraded Esterline Technologies to Buy citing the recent pullback in shares and its belief consensus estimates are too low. The firm raised its price target for shares to $140 from $111. Goldman views Esterline as the best turnaround story in Aerospace & Defense.
Esterline stock could climb towards $138 as early as next year, Barron's says Shares of Esterline could rise in fiscal 2016 as the company's restructuring plans begin to take greater effect, Barron's contends in its "Sizing up Small Caps" column. Barron's notes that Canaccord Genuity values the shares at $138, while Eagle Value Partners prices them at $150. Reference Link