Precision Castparts

Jefferies & Company has raised the price target on Precision Castparts (NYSE: PCP) from $140 to $160 and maintains its Hold rating.

Precision Castparts (NYSE: PCP) is on tap to report fiscal fourth-quarter 2011 results before the opening bell Thursday, May 12. Analysts are looking for the company to report that earnings grew 13.6% from a year ago to $1.91 per share. That consensus earnings estimate is unchanged in the past 90...