Jefferies & Company Maintains Spirit AeroSystems Rating; Lowers 2010 Estimate

In a report released this morning, Jefferies & Company said that it maintains its Buy rating on Spirit AeroSystems Holdings

. “We believe the company's attractive cost position, disciplined operating philosophy, and recent inroads with new customers and adjacent markets should provide for attractive levels of revenue and profit growth over the long-term,” Jefferies & Company writes. “We are lowering our 2010 EPS estimate to $1.55 from $1.65 to reflect Q3 results. We maintain our 2011 and 2012 EPS estimate of $2.00 and $2.45, respectively.” Spirit AeroSystems Holdings currently trades at $19.13.