Showing posts with label Spirit AeroSystems. Show all posts
Showing posts with label Spirit AeroSystems. Show all posts

Monday, May 9, 2011

Price Targets on (SPR) (SUN) (TMH) (TRGP) Updated

Price Targets on Spirit AeroSystems Holdings, Inc. (NYSE: SPR), Sunoco Incorporated (NYSE: SUN), Team Health Holdings (NYSE: TMH) and Targa Resources Investments Inc (NASDAQ: TRGP) were updated by analysts.

Barclays Capital raised their price target on Spirit AeroSystems Holdings, Inc. (SPR) from $25.00 to $28.00. They have an “overweight” rating on the company.

Barclays Capital cut their price target on Sunoco Incorporated (SUN) from $58.00 to $55.00. They have an “overweight” rating on the company.

Deutsche Bank (NYSE:DB) raised their price target on Team Health Holdings (TMH) from $22.00 to $25.00. They have a “buy” rating on the company.

Barclays Capital raised their price target on Targa Resources Investments Inc (TRGP) from $35.00 to $38.00. They have an “overweight” rating on the company.

Tuesday, March 22, 2011

Spirit AeroSystems (SPR) (UTX) HON) (GE) to Benefit from Boeing (BA) Decision

Although Boeing (NYSE:BA) has yet to make a final decision on whether or not to boost its production rate on its 737 single-aisle transport aircraft, they recently said they are taking a serious look at the possibility, with suppliers like Spirit AeroSystems (NYSE:SPR), United Technologies (NYSE:UTX), General Electric (NYSE:GE) and Honeywell (NYSE:HON) sure to benefit from it.

The reason for the close look by Boeing is the strong demand for the 737, with the current backlog of the company expanding out to seven years.

Add to that the probability a deal will be made with Ryanair (NASDAQ:RYAAY) which would would add another 200 planes to the backlog, and you understand why President Jim Albaugh says the time-frame is simply "too big."

Boeing closed Monday at $69.10, up $2.10, or 3.04 percent.