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Following the release of its second quarter earnings on Friday, the analysts have started to publish reports on Spirit AeroSystems
SPR today.
Canaccord Genuity - Buy, $43
The analysts at Canaccord noted that Spirit posted "strong" results in the second quarter, beating the firm's EPS estimate of $0.68 by $0.33.
"We believe Spirit will continue to benefit from its exposure to the cycle, steady risk reduction, and limited defense exposure."
Deutsche Bank - Hold, $40
over at Deutsche Bank, the analysts noted that, on the back of better sales, taxes, share count, and, most of all, margins the company has raised its EPS and free cash flow guidance. As such, they have raised their 2014 an '15 EPS estimates from $2.96 and $3.17 to $3.15 and $3.33, respectively.
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