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Stifel Nicolaus Starts Precision Castparts (PCP) at Buy, $175 Price Target

January 12, 2011 5:40 PM EST Send to a Friend
Get Alerts PCP Hot Sheet
Price: $245.68 -0.55%

Rating Summary:
    15 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 24 | New: 21
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Stifel Nicolaus initiates coverage on shares of Precision Castparts (NYSE: PCP) with a Buy rating and a $175 price target.

Precision Castparts shares closed at $140.45 today; the firm's new price target suggests possible price appreciation of about 25%.

For more ratings news on Precision Castparts click here and for the rating history of Precision Castparts click here.




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Comments

PCP
HAWK on 2011-01-13 10:22:15
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The only direction for this company is up. First, they settle up with Boeing for monies due for Boeings miscues on 787 orders to date. Then they start delivering on this home run design of the future; iterations of which will extend into the next 4 decades or more. Happy days are here again!


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