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Baird Downgrades B/E Aerospace Citing Limited Upside Following Rockwell Collins Deal
Tuesday, October 25, 2016 - 12:22pm | 380A day after Rockwell Collins, Inc. (NYSE: COL) disclosed its agreement to buy B/E Aerospace Inc (NASDAQ: BEAV) for $6.4 billion, Baird downgraded B/E Aerospace's stock from an Outperform to Neutral. The firm believes there is limited opportunity for any upside potential following the...
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As Domestic Government Budgets Inflect Higher, Raytheon Shares Poised To Ramp Up
Thursday, October 6, 2016 - 2:24pm | 376Baird Equity Research believes Raytheon Company (NYSE: RTN) stock has the potential to continue upside movement, citing the positive outlook from the domestic defense programs. Analysts Peter Arment and Asher Carey cited the importance of the domestic defense since 69 percent of the company's...
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Why United Technologies Had A Bad Wednesday
Wednesday, January 6, 2016 - 3:46pm | 292Shares of United Technologies Corporation (NYSE: UTX) were trading down more than 2.2 percent on Wednesday afternoon. The decline seems to have been triggered by two events: the announcement that its Pratt & Whitney unit recorded a pre-tax charge of roughly $870 million in the fourth...