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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
Nov 2016Deutsche BankDowngradesBuyHold
Oct 2016Vertical ResearchInitiates Coverage OnHold
Oct 2016Wolfe ResearchDowngradesOutperformPeer Perform

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Posted-In: Goldman SachsAnalyst Color Price Target Analyst Ratings

 

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