Jefferies Downgrades BE Aerospace (BEAV) to Hold

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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