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Esterline Technologies (ESL) Tops Q4 EPS by 35c, FY17 EPS Guidance Comes in Light

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Jefferies Raises Price Target on Esterline Technologies (ESL) to $92 Following Strong 4Q

November 11, 2016 8:03 AM EST

Jefferies reiterated a Buy rating on Esterline Technologies (NYSE: ESL), and raised the price target to $92.00 (from $87.00), following the company's 4Q earnings report. The company initiated revenue guidance of $2.0-$2.05BB implying 0-3% growth, which is in line with expectations.

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