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March 25, 2014
08:02 EDTSPRSpirit AeroSystems downgraded to Underperform from Neutral at Buckingham
Buckingham downgraded Spirit as the firm expects the company to take additional charges, and predicts that analysts will lower their estimates for the company. The firm also sees less likelihood of the company recovering its mounting losses on its Gulfstream and A350XWB programs. Target to $21 from $26.
News For SPR From The Last 14 Days
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March 4, 2015
10:04 EDTSPRSpirit AeroSystems: Repurchases at 'top of list' for cash use, Reuters reports
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February 23, 2015
06:51 EDTSPRAerospace 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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