Barclays Reiterates an 'Equalweight' on Goodrich (GR); Updating Estimates

Barclays reiterates an 'Equalweight' on Goodrich (NYSE: GR) price target of $128.00.

Barclays analyst says, "We are updating our model post Goodrich's Q3 earnings release. We have left our FY2011 estimate unchanged at $6.05 and have lowered our FY2012 estimate to $7.05 (vs. previous estimate of $7.10) to reflect the exclusion of share repurchases given the pending acquisition of GR by United Technologies (NYSE: UTX) which was announced in September."

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

Shares of Goodrich closed at $122.32 yesterday.

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