Form 4 Spirit AeroSystems Holdi For: Mar 17 Filed by: Krishnaswamy Kailash

Go back to Form 4 Spirit AeroSystems Holdi For: Mar 17 Filed by: Krishnaswamy Kailash

Spirit AeroSystems (SPR) PT Raised to $34 at Stifel, 'Consistent with what we view as a potential buyout price for SPR by BA'

March 20, 2024 11:04 AM EDT

Stifel analyst Bert W. Subin raised the price target on Spirit AeroSystems (NYSE: SPR) to $34.00 (from $30.00) while maintaining a Hold rating.

The analyst comments "

We take down our estimates for SPR in conjunction with Boeing comments as these would seem to indicate a slower pace of deliveries from Spirit to Boeing. However, valuation is likely to divorce from the fundamental outlook and be more based, at least in the near-term, on the potential for a buyout by... More