Jefferies Downgrades BE Aerospace (BEAV) to Hold
Get Alerts BEAV Hot Sheet
Rating Summary:
5 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Jefferies downgraded BE Aerospace (NASDAQ: BEAV) from Buy to Hold with a price target of $97.00 (from $107.00) on valuation.
Analyst Howard Rubel comments, "BEAV has been as one of our top recommendations since our August 16, 2012 report on its interiors business. BEAV has returned 134% since that time vs. a S&P return of 38%. Our downgrade is based on valuation. We see intrinsic value for the company of $97 based on Sum-of-the-Parts."
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 $94.15 yesterday.
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