Wolfe Research Downgrades Spirit AeroSystems (SPR) to Peerperform

Wolfe Research analyst Myles Walton downgraded Spirit AeroSystems (NYSE: SPR) from Outperform to Peerperform.

The analyst comments: "We are downgrading shares of Spirit Aerosystems (SPR) to Peer Perform from Outperform as the company has agreed to be purchased by Boeing. The deal, which is expected to close by mid-2025, will see SPR shareholders receive $37.25/sh in the form of BA stock (collared at $149 per share of BA or 0.25 shares to $206.94 per share of BA or 0.18 shares)."

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

Shares of Spirit AeroSystems closed at $34.51 yesterday.

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