JPMorgan Downgrades Precision Castparts (PCP) to Neutral

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RBC Capital Downgrades Precision Castparts (PCP) to Outperform

October 27, 2014 7:26 AM EDT

RBC Capital downgraded Precision Castparts (NYSE: PCP) from Top Pick to Outperform with a price target of $265.00 (from $300.00).

For an analyst ratings summary and ratings history on Precision Castparts click here. For more ratings news on Precision Castparts click here.

Shares of Precision Castparts closed at $223.47 yesterday.

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Precision Castparts (PCP) Misses Q2 EPS by 8c; Sales In-Line

October 23, 2014 6:55 AM EDT

Precision Castparts (NYSE: PCP) reported Q2 EPS of $3.24, $0.08 worse than the analyst estimate of $3.32. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.52 billion.

"As usual, Forged Products tackled the annual second-quarter scheduled maintenance projects, a necessary activity to ensure that we are prepared to deliver on the growth demanded by our customers," said Mark Donegan, chairman and chief... More