UPDATE: Topeka Capital Markets Initiates Spirit Aerosystems Holdings at Buy on Production Ramp-Up - Spirit AeroSystems Hldgs (NYSE:SPR)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Topeka Capital Markets initiated coverage on Spirit Aerosystems Holdings (NYSE: SPR) with a Buy rating and a $33 price target. Topeka Capital Markets said, "Initiating Coverage of Spirit Aerosystems with a BUY Rating. Despite a rocky history since commencing as an independent company in 2005, we believe the Company has begun to turn the corner in 2012, as write-offs have decelerated and free cash flow is expected to be positive for only the second time in company history. We expect cash flow will grow annually going forward, as the workhorse of the Company (the 737) continues to ratchet up production."Spirit Aerosystems Holdings closed at $22.54 on Wednesday.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!