Deutsche Bank Downgrades BE Aerospace (BEAV) to Hold on Valuation

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Deutsche Bank downgraded BE Aerospace (NASDAQ: BEAV) from Buy to Hold with a price target of $55.00 (from $50.00).

The firm cited valuation with strong outperformance which has brought the stock within 6% of its all-time high.

For an analyst ratings summary and ratings history on BE Aerospace click here. For more ratings news on BE Aerospace click here.

Shares of BE Aerospace closed at $50.09 yesterday, with a 52 week range of $36.51-$51.34.

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