Wesco Aircraft Holdings (WAIR) Misses Q4 EPS by 7c, FY15 Guidance Light

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BofA/Merrill Lynch Downgrades Wesco Aircraft Holdings (WAIR) Two-Notches to Underperform

November 24, 2014 7:01 AM EST

BofA/Merrill Lynch downgraded Wesco Aircraft Holdings (NYSE: WAIR) from Buy to Underperform with a price target of $15.00 (from $26.00).

Analyst Ronald Epstein cited significant headwinds facing the company. The near-term headwind comes from promotional pricing in order to increase sales. Long-term... More