Jefferies Downgrades BE Aerospace (BEAV) to Hold

Canaccord Genuity Downgrades BE Aerospace (BEAV) to Hold

Canaccord Genuity downgraded BE Aerospace (NASDAQ: BEAV) from Buy to Hold with a price target of $98.00 (from $100.00).

For an analyst ratings summary and ratings history on BE Aerospace click here. For more ratings news on BE Aerospace click here.

Shares of BE Aerospace closed at $94.15 yesterday.

BE Aerospace (BEAV) Spin May Be Just First Step, Speculates Deutsche Bank

Deutsche Bank maintained a Hold rating on BE Aerospace (NASDAQ: BEAV) price target of $94.00. The stock declined early on Tuesday after the company announced it was splitting into two separate publicly traded companies, disappointing investors hoping for an outright sale. Analyst Myles Walton speculated if the spin-off was just the first step.

"This is a logical outcome, in our view, given the relative lack of synergies between the... More

Despite Today's Weakness BE Aerospace (BEAV) Split Might Be Positive Long-Term, Says KeyBanc

KeyBanc reiterated a Buy rating on BE Aerospace (NASDAQ: BEAV). The stock declined after the company announced it was splitting into two separate publicly traded companies, disappointing investors hoping for an outright sale.

Analyst Michael F. Ciarmoli said, "We believe the... More

BE Aerospace (BEAV) Will Split into Two, Separately-Traded Public Companies

BE Aerospace (NASDAQ: BEAV) announced that the Companys Board of Directors has commenced a process to separate its industry-leading businesses into two independent, publicly traded companies one focused on aircraft cabin interior equipment design, development, manufacturing, certification and direct sales on a global basis (Manufacturing Co.), and the other focused on distribution, logistics and technical services for the aerospace and energy services markets (Services Co.).

The Company said that todays separation announcement represents an important step in its ongoing strategic review process, noting that the... More