Robert Spingarn

Textron Inc. (NYSE: TXT) is poised to benefit from an improvement in the Bizjet market as the COVID-19 pandemic subsides, while risks to the company’s two FVL (future vertical lift) programs seem lower after early indications from President Joe Biden's administration, according to...

Boeing Co (NYSE: BA) shares took a hit this week following reports that the grounded 737 Max won’t be cleared for flight by regulators until June or July. The new timeline is months later than the company had previously targeted. The 737 Max has been grounded by regulators since March of 2019...

After a red-hot start to 2019, aerospace and defense stocks have traded mostly sideways in recent months. However, one analyst said Thursday it’s time to step in and buy two of the top stocks in the space that agreed to a major merger back in June. The Analyst Credit Suisse analyst Robert...

Boeing Co (NYSE: BA) announced Thursday afternoon it will take a $4.9 billion charge in second-quarter results as part of "considerations to customers for disruptions" related to the grounding of its 737 Max. Despite what appears to be a negative headline, several Street analysts...

Aerospace and defense company General Dynamics Corporation (NYSE: GD), perhaps best known for its F-16 fighter jet, is expected to lag its peers in 2019 amid the "greatest peactime defense upcycle" since the Reagan administration, according to Credit Suisse. The Analyst Credit Suisse'...

Northrop Grumman Corporation (NYSE: NOC) saw its stock battered last year - and now it's a good time to buy, according to Credit Suisse. The Analyst Credit Suisse analyst Robert Spingarn upgraded Northrop Grumman to Outperform from Neutral, with a price target lowered from $311 to $302....

Defense hardware stocks have surged above the S&P 500 for six consecutive years, but Credit Suisse thinks they’re about to run aground. The Ratings Analyst Robert Spingarn downgraded the sector from bullish to neutral and cut the following price targets: BWX Technologies Inc (NYSE:...

The release of President Donald Trump's 2019 budget request and Huntington Ingalls Industries Inc (NYSE: HII) management's more bullish-than-usual commentary have increased Credit Suisse's optimism for the military shipbuilder's stock.  The Analyst Credit Suisse analyst...

Monday is shaping up to become a very important day for the aerospace sector as a trade dispute between industry titan Boeing Co (NYSE: BA) and Canada-based Bombardier Inc (OTC: BDRBF) could be settled. A U.S. Department of Commerce preliminary ruling is expected to come early next week to settle a...

“We are clearly late to the party,” said Credit Suisse analyst Robert Spingarn in a note while upgrading Boeing Co (NYSE: BA) from Neutral to Outperform with a price target increase from $200 to $300. Spingarn is now one of the most bullish analysts covering Boeing (see his track record...

Despite the increasing wide-body OE pressure in the medium term, Credit Suisse’s Robert Spingarn expressed optimism regarding the long-term business prospects for B/E Aerospace Inc (NASDAQ: BEAV). Spingarn added that the company is a good strategic fit for Rockwell Collins, Inc. (NYSE: COL...

Shares of Mantech International Corp (NASDAQ: MANT) suffered a drop of more than 7 percent after Credit Suisse downgraded the stock from Neutral to Underperform rating. The brokerage also slashed its target price from $37 to $36, implying a possible further downside risk. Analysts Robert Spingarn...

Following the run up in its share price over the past five months, Credit Suisse’s Robert Spingarn believes Mantech International Corp (NASDAQ: MANT) shares are expensive at present. Spingarn downgraded the rating on the company from Neutral to Underperform, while lowering the price target...

At its investor event on May 12, Boeing Co (NYSE: BA)'s CEO, Dennis Muilenburg, outlined a “sharpen and accelerate” strategy for the company future, which was based on innovation and growth, productivity and performance, and driven by the best talent and team. Credit Suisse’s...