Kaman Corporation (NASDAQ:KAMN) Responds Well to Growing Demand

Kaman Corporation (NASDAQ:KAMN) responded strong operationally to increased end market demand, generating confidence in them going forward, as Jefferies maintains their "Buy" rating on the company.

Jefferies said, "Recent results reflect Kaman's ability to turn in solid operating performance as end market demand escalates. We believe the shares are attractive at current levels in anticipation of a stronger 2011 and beyond as key aero platforms ramp."

Kaman closed Friday at $28.53, up by $0.17, or 0.60 percent. Jefferies raised their price target on them from $31 to $33.