Peter Arment

Boeing Co (NYSE: BA) shares have lost 20 percent since November 3, while shares of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) are down 24 percent. Sterne Agee CRT’s Peter Arment maintained Buy ratings for both companies, with a price target of $196 for Boeing and of $66 for Spirit...

Shares 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...

In a report published Tuesday, Sterne Agee analyst Peter Arment reiterated a Buy rating on Spirit AeroSystems Holdings, Inc. (NYSE: SPR), and raised the price target from $48.00 to $52.00. In the report, Sterne Agee noted, “3Q14 results again demonstrate how SPR's operations are set up to garner...

Boeing (NYSE: BA) shares trended down Wednesday as investors looked beyond its second-quarter earnings beat to a $450 million charge for developing a military refueling aircraft. “It's worrying that Boeing took a charge of this magnitude this early in a long-term project," RBC...

On Thursday, Reuters reported that The Boeing Company (NYSE: BA) is considering purchasing Mercury Systems, Inc. (NASDAQ: MRCY) Mercury Systems is seeking around $500 million and hired Evercore Partners for the sale, according to Reuters report. In a report published Friday, Sterne Agee analyst...

In a report published Thursday, Sterne Agee analyst Peter Arment reiterated a Neutral rating on Raytheon Company (NYSE: RTN). In the report, Sterne Agee noted, “Solid 3Q13 results driven by better than expected operational improvements and capital deployment strategies offset a declining top line...

In a report published Thursday, Sterne Agee analyst Peter Arment reiterated a Buy rating and $164.00 price target on The Boeing Company (NYSE: BA). In the report, Sterne Agee noted, “Yesterday BA announced that it will close the C-17 facility in Long Beach, CA. in 2015. BA has 22 aircraft left to...

In a report published Monday, Sterne Agee analyst Peter Arment reiterated a Buy rating on The Boeing Company (NYSE: BA), and raised the price target from $120.00 to $164.00. In the report, Sterne Agee noted, “We are raising our price target on BA by $44 to $164 (12x 2015E FCF per share) reflecting...

In a report published Monday, Sterne Agee analyst Peter Arment reiterated a Buy rating and $120.00 price target on The Boeing Company (NYSE: BA). In the report, Sterne Agee noted, “Based on reports from the leading South Korean newspaper this morning, the BA F-15 Silent Eagle (SE) is the only...

In a report published on Tuesday, Sterne Agee analyst Peter Arment upgraded Rockwell Collins (NYSE: COL) from Neutral to Buy and established a price target of $88. In the report, Sterne Agee stated, "While the ARINC deal is an expensive transaction, the long-term benefits outweigh the short-...

In a report published Tuesday, Sterne Agee analyst Peter Arment reiterated a Neutral rating on Raytheon (NYSE: RTN). In the report, Sterne Agee noted, “RTN was able to beat Street EPS by $0.20 due to cost containment, international sales growth and capital deployment strategies to offset a soft...