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UPDATE: Goldman Sachs Raises PT to $68 on BE Aerospace on Investor Day Takeaways

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Goldman Sachs maintained BE Aerospace (NASDAQ: BEAV) with a Buy rating and raised the price target from $67.00 to $68.00.

Goldman Sachs noted, "We attended the BE Aerospace annual investor day in Miami. We reiterate our CL-Buy on the shares and continue to believe BEAV is the best multiyear growth story in Aerospace, with multiple company-specific drivers, in addition to the cycle, that have the potential to generate very significant upside to earnings expectations. We have raised our estimates and price target and highlight takeaways from the meeting."

BE Aerospace closed at $51.77 on Monday.

Latest Ratings for BEAV

DateFirmActionFromTo
May 2016JP MorganDowngradesOverweightNeutral
Feb 2016JefferiesMaintainsHold
Dec 2015Deutsche BankMaintainsBuy

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Posted-In: Goldman SachsAnalyst Color Price Target Analyst Ratings

 

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