Astronics Corp (ATRO) Misses Q4 EPS by 6c; Guides FY16 Sales Outlook Below Consensus

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Go back to Astronics Corp (ATRO) Misses Q4 EPS by 6c; Guides FY16 Sales Outlook Below Consensus

KeyBanc Upgrades Astronics (ATRO) to Overweight

February 18, 2016 6:59 AM EST

KeyBanc upgraded Astronics (NASDAQ: ATRO) from Sector Weight to Overweight with a price target of $35.00. Shares weakened after Astronics reported disappointing Q4 results, but analyst Kevin Ciabattoni thinks the Aerospace growth story remains compelling despite risks.

"We believe shares are... More