Esterline Technologies (ESL) Reports Q1 EPS of $0.98

Go back to Esterline Technologies (ESL) Reports Q1 EPS of $0.98

Credit Suisse Downgrades Esterline Tech (ESL) to Neutral

March 6, 2015 6:32 AM EST

Credit Suisse downgraded Esterline Tech (NYSE: ESL) from Outperform to Neutral in assumed coverage. The firm also lowered its price target to $117.00 (from $131.00).

Analyst R. Spingarn called yesterday's Q1 report 'disappointing and messy.' The firm cut FY 2015-2016 EPS to $5.44/$6.98 from... More