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UPDATE: Imperial Capital Initiates B/E Aerospace at Outperform on Upside Potential

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Credit Suisse Reiterates Outperform Rating, Lowers Price Target On B/E Aerospace After Low Watermark In Q4
Earnings Scheduled For January 29, 2015

Imperial Capital initiated coverage on B/E Aerospace (NASDAQ: BEAV) with an Outperform rating and a $56 price target.

Imperial Capital commented, "BEAV is well positioned in the broader Aerospace & Defense (A&D) sector, and in our view justifies the premium at which the stock trades. First, the company has little defense exposure. We believe that defense sales represent just 5–10% of total company sales, which is a net positive as the outlook for defense spending will likely deteriorate as fiscal constraints and budget priorities put additional pressure on defense budgets over the next 2-4 years, in our view."

B/E Aerospace closed at $43.91 on Tuesday.

Latest Ratings for BEAV

DateFirmActionFromTo
Dec 2014JP MorganMaintainsOverweight
Dec 2014CitigroupMaintainsBuy
Dec 2014Deutsche BankMaintainsBuy

View More Analyst Ratings for BEAV
View the Latest Analyst Ratings

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