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General Dynamics Gears Up For Q4 Earnings: Aerospace, Combat Systems Segments On Watch
Tuesday, January 28, 2025 - 11:21am | 422Read More...General Dynamics Corp. (NYSE:GD) is set to report its fourth-quarter financial results on Wednesday before the opening bell. Here is a preview of what to expect heading into the print. What To Watch: Investors will be looking for updates from General Dynamics' various business segments,...
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Citi Initiates L-3 Communications At Buy, Expects Sales & Margins To Rebound
Tuesday, September 6, 2016 - 8:07am | 305Read More...Citi’s Jason Gursky believes L-3 Communications Holdings, Inc. (NYSE: LLL) is well positioned to see a rebound in its below-average sales growth and margins, given the improving defense environment. Gursky initiated coverage of the company with a Buy rating and price target of $174....
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Citi Initiates Harris Corp. With Buy, $95 Target
Friday, June 10, 2016 - 9:12am | 280Read More...Citi’s Jason Gursky believes improving end markets and margin expansion opportunities could support a free cash flow opportunity worth $900 million for Harris Corporation (NYSE: HRS) in as little as two years. Gursky initiated coverage of the company with a Buy rating and price target of $95...
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Boeing's Massive China Sale Won't Affect Investors Right Away
Thursday, September 24, 2015 - 3:23pm | 406Read More...Boeing Co (NYSE: BA) announced earlier this week an agreement to sell 300 aircrafts to several Chinese airlines and leading companies. Jason Gursky of Citi commented in a note that the announcement is unlikely to lead to any material estimate revisions, but it is "supportive" of the long-term...
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Bright Spots In Textron's Future Make This Discount A Compelling Value
Wednesday, September 2, 2015 - 8:01am | 255Read More...Shares of Textron Inc. (NYSE: TXT) have declined close to 13 percent year-to-date. Citi’s Jason Gursky upgraded Textron from Neutral to Buy, while maintaining the price target at $50. The recent pullback in the stock, due to global market volatility, offers a compelling entry point...
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Does The Sikorsky Deal Make Lockheed Martin A Buy?
Tuesday, July 21, 2015 - 10:57am | 302Read More...Lockheed Martin Corporation (NYSE: LMT) recently beat its Q2 earnings expectations and raised its guidance. However, Citi Research analyst Jason Gursky believes that the company’s announcement that it intends to buy Sikorsky and spin off or sell part of its services business will be...
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Time To Address Raytheon's Key Concerns, Wall Street Says
Thursday, March 12, 2015 - 7:24am | 256Read More...Citi reiterated its Buy rating on Raytheon Company (NYSE: RTN) Wednesday and maintained a $115 price target. Analysts led by Jason Gursky felt that investor concerns over "lagging sales, margin pressure and cash deployment" were "overblown." Addressing sales, Gursky felt...
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Citi Raises Price Target On Boeing
Thursday, January 29, 2015 - 4:17pm | 215Read More...Citi raised its price target from $146 to $171 on Boeing Co (NYSE: BA) Wednesday and maintained a Buy rating following its Q4 earnings report. Analyst Jason Gursky felt that the most important metric for Boeing was cash flow. It appeared that the company can generate approximately $14 FCF per...
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Analysts Remain Seated Despite Boeing Co's 60% Decline Cash Flow Decline
Thursday, October 23, 2014 - 11:33am | 346Read More...Boeing Co's (NYSE: BA) 60 percent decline in third-quarter cash flow put heavy pressure on the company's shares recently, but a number of analysts think the issue will diminish as the company's 787 jetliner project hits breakeven. Operating cash flow before pension contributions in...
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UPDATE: Citigroup Reiterates On Spirit AeroSystems Following Relatively Clean 1Q14
Tuesday, May 6, 2014 - 8:19am | 163Read More...In a report published Tuesday, Citigroup analyst Jason Gursky reiterated a Buy rating on Spirit AeroSystems Holdings (NYSE: SPR), and raised the price target from $35.00 to $38.00. In the report, Citigroup noted, “SPR printed a relatively clean 1Q14, the first without any segment charges in a few...
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Citigroup Initiates Coverage on Booz Allen Hamilton, Notes Growth Opportunities
Monday, January 13, 2014 - 5:26pm | 242Read More...In a report published Sunday, Citi Research analyst Jason Gursky initiates coverage on Booz Allen Hamilton Holding Corporation (NYSE: BAH) with a Neutral rating and $19.00 price target. Gursky noted that "Sales are down ~8% over the last 2 years, but margins are up ~300 bps as the company has...
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UPDATE: Citigroup Raises PT on The Boeing Company on Better Cash Outlook
Wednesday, September 25, 2013 - 11:31am | 123Read More...In a report published Wednesday, Citigroup analyst Jason Gursky reiterated a Buy rating on The Boeing Company (NYSE: BA), and raised the price target from $122.00 to $142.00. In the report, Citigroup noted, “We're tweaking our cash outlook and updating our market multiple to more closely reflect...
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UPDATE: Citigroup Raises PT on Rockwell Collins Following In-Line F3Q13 Sales
Monday, July 22, 2013 - 10:37am | 141Read More...In a report published Monday, Citigroup analyst Jason Gursky reiterated a Neutral rating on Rockwell Collins (NYSE: COL), and raised the price target from $68.00 to $74.00. In the report, Citigroup noted, “COL reported in-line F3Q13 sales of $1.17b but beat EPS expectations by 4c (2%) based on...
