Embraer (ERJ) Tops Q3 EPS by 28c

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JPMorgan Downgrades Embraer (ERJ) to Neutral

October 31, 2017 4:31 AM EDT

JPMorgan downgraded Embraer (NYSE: ERJ) from Overweight to Neutral with a price target of $21.00 (from $25.00).

Analyst Carlos Louro suspects the company is on the cusp of experiencing lower operational margins for all segments. The analyst expects some degree of new order announcements... More