UPDATE: Deutsche Bank Raises PT on Goodrich to $107

Deutsche Bank is out with its report today on Goodrich (NYSE: GR), raising its PT from $104 to $107.

In a note to clients, Deutsche Bank writes, "We've ticked up our EPS estimates as our aftermarket assumptions moved up for 2011 (and 2012). Excluding the landing gear closure charges (which are included in our GAAP ests), EPS goes to $5.70 and $6.72 from prior $5.64 and $6.49. Similarly, our price target moves to $107 (from $104) on the estimate revision."

Deutsche Bank maintains Buy on GR.

Shares of GR closed Thursday at $90.77, up 2.95% from Wednesday's close.