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Does Rockwell Collins Have Anything To Fear From Boeing's New Avionics Unit?
Tuesday, August 1, 2017 - 12:30pm | 566Read More...An internal Boeing Co (NYSE: BA) announcement, reported by the press, suggested that the company is setting up an inhouse unit called Boeing Avionics. The step is seen as a move by Boeing to wean it from extensive outsourcing. Avionics is the electronic systems used on aircraft that help in...
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What's Next For Boeing, The Dow's Biggest Winner Of 2017?
Wednesday, July 12, 2017 - 11:45am | 418Read More...The top performing stock within the Dow Jones Industrial Average is none other than Boeing Co (NYSE: BA). Shares of the aerospace company hit a new all-time high of $208.61 Wednesday morning and the stock is up more than 33 percent since January 1 versus about 8.5 percent for the overall index....
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Canaccord Says Citron's Short Report On TransDigm Creates Buying Opportunity
Monday, January 23, 2017 - 2:29pm | 336Read More...Canaccord Genuity reiterated its Buy rating and $325 price target on TransDigm Group Incorporated (NYSE: TDG), saying Citron’s short report on the stock creates a buying opportunity. On January 20, Citron Research published a report on TransDigm, saying President Donald Trump will now come...
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There Are Still Concerns With B/E Aerospace's Business Jet, Helicopter Markets
Tuesday, October 25, 2016 - 10:13am | 285Read More...B/E Aerospace Inc (NASDAQ: BEAV) on Monday reported its Q3 2016 results, while also announcing that it had entered into an agreement to be acquired by Rockwell Collins, Inc. (NYSE: COL) for $6.4 billion. Canaccord Genuity’s Ken Herbert downgraded the rating on B/E Aerospace from Buy to...
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Canaccord: Brexit Vote Not A Major Headwind For Aerospace, Defense Sector
Monday, June 27, 2016 - 3:13pm | 577Read More...Canaccord analysts said the surprise vote by the U.K. to leave the European Union in the long term should have minimal impact on the global aerospace and defense sector. The brokerage noted that stocks with more defense and commercial AM exposure will benefit, while the sentiment on the commercial...
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Boeing's Story Is Changing And It Might Not Be Good
Thursday, March 3, 2016 - 10:40am | 225Read More...Canaccord Genuity's Ken Herbert downgraded the rating for Boeing Co (NYSE: BA) from Buy to Hold, while reducing the price target from $150 to $135. He mentioned that intensifying pricing pressure and additional backlog risk, arising from higher investment in older aircraft when oil prices are...
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10 Key Issues Defense Stock Investors Need To Follow Over The Next 12 Months
Thursday, December 31, 2015 - 10:56am | 630Read More...Large cap defense stocks outperformed the sector in 2015. Canaccord Genuity’s Ken Herbert mentioned 10 important issues and events that are likely to have a significant impact on the global A&D market and investor sentiment in 2016. Analyst Ken Herbert cited ten important issues...
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Analysts Like Boeing Before Earnings Despite Unforeseen Costs
Wednesday, July 22, 2015 - 6:46am | 382Read More...Boeing Co (NYSE: BA) is scheduled to release its Q2 earnings before the market open on Wednesday, and investors will be watching the aircraft manufacturer closely. The Street is forecasting $23.51 billion in revenues and earnings per share of $2.06. Analysts around the Street were...
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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: Canaccord Downgrades B/E Aerospace
Wednesday, June 11, 2014 - 4:19pm | 176Read More...In a research note released Wednesday, Canaccord analyst Ken Herbert downgraded B/E Aerospace (NASDAQ: BEAV) to Hold from Buy and decreased the price target from $100 to $98. The primary reason for the downgrade was due to the analyst not believing that a sale of the entire company would happen....
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UPDATE: Canaccord Genuity Upgrades Spirit AeroSystems on Increased Confidence in Improving Cash Flows
Thursday, December 5, 2013 - 10:25am | 141Read More...In a report published Thursday, Canaccord Genuity analyst Ken Herbert upgraded the rating on Spirit AeroSystems (NYSE: SPR) from Hold to Buy, and raised the price target from $28.00 to $38.00. In the report, Canaccord Genuity noted, “We are upgrading our recommendation on SPR to BUY and increasing...
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UPDATE: Canaccord Genuity Initiates Coverage on B/E Aerospace as 2014 Acceleration is Expected Across All Segments
Thursday, October 10, 2013 - 9:36am | 98Read More...In a report published Thursday, Canaccord Genuity analyst Ken Herbert initiated coverage on B/E Aerospace (NASDAQ: BEAV) with a Buy rating and $88.00 price target. In the report, Canaccord Genuity noted, “We are initiating coverage of B/E Aerospace (BEAV) with a BUY rating and an $88 price target...
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UPDATE: Canaccord Genuity Initiates Coverage on The Boeing Company on Multiple Positive Factors
Thursday, October 10, 2013 - 9:36am | 96Read More...In a report published Thursday, Canaccord Genuity analyst Ken Herbert initiated coverage on The Boeing Company (NYSE: BA) with a Buy rating and $140.00 price target. In the report, Canaccord Genuity noted, “We are initiating coverage of Boeing (BA) with a BUY rating and a $140 price target. We...
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UPDATE: Canaccord Genuity Initiates Coverage on Ducommun on Positive Catalysts Ahead
Thursday, October 10, 2013 - 9:28am | 93Read More...In a report published Thursday, Canaccord Genuity analyst Ken Herbert initiated coverage on Ducommun (NYSE: DCO) with a Buy rating and $34.00 price target. In the report, Canaccord Genuity noted, “We are initiating coverage of Ducommun (DCO) with a BUY rating and a $34 price target. As execution...
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UPDATE: Canaccord Genuity Initiates Coverage on Esterline Technologies on Positive Catalysts, Continued Risks
Thursday, October 10, 2013 - 9:28am | 97Read More...In a report published Thursday, Canaccord Genuity analyst Ken Herbert initiated coverage on Esterline Technologies Corporation (NYSE: ESL) with a Hold rating and $85.00 price target. In the report, Canaccord Genuity noted, “We are initiating coverage of Esterline Technologies (ESL) with a HOLD...
