Susquehanna analyst Charles Minervino downgraded Spirit AeroSystems (SPR) to Neutral from Positive with a price target of $37, down from $40, after the company agreed to be acquired by Boeing (BA) for $4.7B, or $37.25 per share.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPR:
- Spirit AeroSystems downgraded to Neutral from Outperform at Baird
- Spirit AeroSystems downgraded to Hold from Buy at Deutsche Bank
- Spirit AeroSystems downgraded to Peer Perform from Outperform at Wolfe Research
- Spirit AeroSystems price target raised to $37.25 from $34 at Stifel
- Spirit AeroSystems downgraded to Neutral from Overweight at JPMorgan