Credit Suisse Downgrades Precision Castparts (PCP) to Neutral

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Cowen Downgrades Precision Castparts (PCP) to Market Perform

January 22, 2015 1:20 PM EST

Cowen downgraded Precision Castparts (NYSE: PCP) from Outperform to Market Perform.

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

Shares of Precision Castparts closed at $208.75 yesterday.

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Precision Castparts (PCP) Turns Positive as Traders Take Over

January 22, 2015 11:45 AM EST

While Precision Castparts Corp. (PCP) is lower following Q3 results and outlook, traders are looking for upside in the name.

Money flow on While Precision Castparts is $61.1 million for an uptick-to-downtick ratio at 1.88 times, suggesting stronger buying pressure. The 14-day money flow index is also at 24.4 percent, which... More

Precision Castparts (PCP) Misses Q3 EPS Views; Sees FY16 EPS Below Expectations

January 22, 2015 7:55 AM EST

Precision Castparts (NYSE: PCP) reported Q3 EPS of $3.09, $0.32 worse than the analyst estimate of $3.41. Revenue for the quarter came in at $2.46 billion versus the consensus estimate of $2.56 billion.

"Our third quarter performance included some clear achievements, but we also faced some real challenges in several of our end markets," said Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. (PCC). "On the plus side, we made solid progress on our production and development aircraft and engines programs, growing 6 percent year over year. In addition, our 7 percent growth in industrial gas... More

Precision Castparts (PCP) Added to US 1 List at BofA/Merrill Lynch

January 21, 2015 7:08 AM EST

BofA/Merrill Lynch added Precision Castparts (NYSE: PCP) to its US 1 List. The firm's maintained a Buy rating and price target of $246.00.

The move follows the stock 15% YTD pullback, which analyst Ronald Epstein said creates an attractive opportunity to accumulate the stock. The... More