Spirit AeroSystems price target raised to $30 from $20 at Baird

Baird analyst Peter Arment raised the firm’s price target on Spirit AeroSystems (SPR) to $30 from $20 and keeps a Neutral rating on the shares. The firm said their target increase is to reflect various catalysts likely in play near-term with 2024 representing a cleaner story with improved unit economics on BA (BA) programs.

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