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UPDATE: Topeka Capital Markets Downgrades Spirit Aerosystems Holdings to Hold on Valuation

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Related SPR
Vetr Upgrades Spirit AeroSystems To Strong Buy
Earnings Scheduled For August 3, 2016

Topeka Capital Markets downgraded Spirit Aerosystems Holdings (NYSE: SPR) from Buy to Hold and maintained a $20.00 price target.

Topeka Capital Markets analyst Michael Callahan commented, "We are downgrading shares of SPR to Hold from Buy, as the stock is up more than 10% yearto-date and approaching our $20 price target. While we continue to believe the Company's core business is performing well, we are stepping to the sidelines given our view upside from current levels is limited by risks related to development programs."

Spirit Aerosystems Holdings closed at $18.73 on Thursday.

Latest Ratings for SPR

DateFirmActionFromTo
Jul 2016Deutsche BankMaintainsHold
Jul 2016JP MorganMaintainsOverweight
Jun 2016Morgan StanleyInitiates Coverage onOverweight

View More Analyst Ratings for SPR
View the Latest Analyst Ratings

Posted-In: Topeka Capital MarketsAnalyst Color Downgrades Analyst Ratings

 

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