-
Credit Suisse On Boeing: Is Something 'Afoot' In Seattle?
Monday, April 11, 2016 - 11:41am | 293Boeing Co (NYSE: BA) is changing the rules of engagement with certain suppliers, both via aftermarket sharing and the addition of new suppliers. Credit Suisse’s Robert Spingarn maintained a Neutral rating, with a price target of $144, saying that the company seems to be “moving more...
-
Garmin's Price Target Raised By Credit Suisse, Says 'Bounce Disregards Flattish Guide'
Thursday, February 18, 2016 - 10:19am | 328The share price of Garmin Ltd. (NASDAQ: GRMN) appreciated 26.26 percent over the past one month, rising to $41.49 on February 17. Robert Spingarn of Credit Suisse has maintained an Underperform rating on the company, while raising the price target from $32 to $36. The company reported...
-
Credit Suisse Downgrades Garmin To A 'Relative' Underperform
Friday, January 15, 2016 - 9:56am | 345The share price of Garmin Ltd. (NASDAQ: GRMN) has declined 35.52 percent over the past one year, down to a low of $32.46 on January 13. Robert Spingarn of Credit Suisse has downgraded the rating on the company from Neutral to Underperform, while lowering the price target from $37 to $32....
-
Credit Suisse Reiterates Outperform, Raises PT On Orbital ATK On Compelling Investment Story
Wednesday, March 11, 2015 - 10:04am | 142In a report published Wednesday, Credit Suisse analyst Robert Spingarn reiterated an Outperform rating on Orbital ATK Inc. (NYSE: OA), and raised the price target from $61.04 to $87.00. In the report, Credit Suisse noted, "OA is well positioned in a bottoming defense market and a growing commercial...
-
UPDATE: Credit Suisse Downgrades Esterline Technologies Following Disappointing FQ1 Report
Friday, March 6, 2015 - 9:14am | 168In a report published Friday, Credit Suisse analyst Robert Spingarn downgraded the rating on Esterline Technologies Corporation (NYSE: ESL) from Outperform to Neutral, and lowered the price target from $131.00 to $117.00. In the report, Credit Suisse noted, "With today's disappointing and messy FQ1...
-
Triumph Group's Valuation Is 'Too Attractive To Ignore'
Tuesday, February 17, 2015 - 8:28am | 197In a report published Tuesday, Credit Suisse analyst Robert Spingarn reiterated an Outperform rating on Triumph Group Inc (NYSE: TGI), but lowered the price target from $89.00 to $79.00. In the report, Credit Suisse noted, "With this note, Rob Spingarn assumes lead coverage of TGI. We reiterate the...
-
Credit Suisse Lowers Price Target On Moog As Macro Issues Weigh On Guidance
Monday, February 2, 2015 - 9:11am | 168In a report published Monday, Credit Suisse analyst Robert Spingarn reiterated a Neutral rating on Moog (NYSE: MOG-A), but lowered the price target from $74.00 to $67.00. In the report, Credit Suisse noted, “Moog reported FQ1'15 EPS of $0.86 which missed consensus by $0.01 despite including ~$0.04...
-
Credit Suisse Reiterates Outperform Rating, Lowers Price Target On B/E Aerospace After Low Watermark In Q4
Friday, January 30, 2015 - 9:17am | 202In a report published Friday, Credit Suisse analyst Robert Spingarn reiterated an Outperform rating on B/E Aerospace Inc (NASDAQ: BEAV), but lowered the price target from $68.05 to $68.00. In the report, Credit Suisse noted, “BEAV reported a somewhat disappointing Q4 with flat CAS sales and a 3rd...
-
UPDATE: Credit Suisse Downgrades Precision Castparts On Reduced Visibility, Absence Of Near-Term Catalysts
Friday, January 23, 2015 - 8:16am | 235In a report published Friday, Credit Suisse analyst Robert Spingarn downgraded the rating on Precision Castparts Corp. (NYSE: PCP) from Outperform to Neutral, and lowered the price target from $289.00 to $223.00. In the report, Credit Suisse noted, “While we think PCP is finally turning a corner...
-
UPDATE: Credit Suisse Downgrades Boeing On Reduced FCF Projections
Thursday, October 23, 2014 - 7:55am | 177In a report published Thursday, Credit Suisse analyst Robert Spingarn downgraded the rating on The Boeing Company (NYSE: BA) from Outperform to Neutral, and lowered the price target from $162.00 to $133.00. In the report, Credit Suisse noted, “Our prior bullish thesis discounted an unprecedented...
-
UPDATE: Credit Suisse Initiates Coverage On Garmin Ltd. On Mixed Segment Trajectories
Friday, October 17, 2014 - 8:38am | 154In a report published Friday, Credit Suisse analyst Robert Spingarn initiated coverage on Garmin Ltd. (NASDAQ: GRMN) with a Neutral rating and $54.00 price target. In the report, Credit Suisse noted, “Our rating reflects the balance between the solid growth outlook in Aviation and recovery at...
-
UPDATE: Credit Suisse Upgrades Leidos Holdings Inc Following Time With New CEO
Tuesday, October 7, 2014 - 9:19am | 216In a report published Tuesday, Credit Suisse analyst Robert Spingarn upgraded the rating on Leidos Holdings Inc (NYSE: LDOS) from Underperform to Neutral, and raised the price target from $30.00 to $35.00. In the report, Credit Suisse noted, “Having spent a day last week with new CEO Roger Krone,...
-
UPDATE: Credit Suisse Upgrades Booz Allen Hamilton
Thursday, July 31, 2014 - 4:04pm | 86In a report released Thursday, Credit Suisse analyst Robert Spingarn upgraded Booz Allen Hamilton (NYSE: BAH) from Neutral to Outperform, while raising its price target from $23 to $27. Analyst at Credit Suisse like Booz Allen's ability to control its costs during difficulties in top line...
-
UPDATE: Credit Suisse Upgrades Alliant Techsystems as Earnings Momentum Rises
Wednesday, November 13, 2013 - 9:48am | 107In a report published Wednesday, Credit Suisse analyst Robert Spingarn upgraded the rating on Alliant Techsystems (NYSE: ATK) from Neutral to Outperform, and raised the price target from $111.00 to $148.00. In the report, Credit Suisse noted, “With Defense shrinking to just 30% of sales, Aerospace...
-
DCP Likely To Lose Afghan Training Contracts
Wednesday, December 30, 2009 - 11:04am | 127Analyst Robert Spingarn of Credit Suisse assumes coverage of DynCorp International Inc (NYSE: DCP) with a "neutral" rating, while reducing his estimates for the company. The target price for DCP has been reduced from $21 to $17. In a research note published yesterday, the analyst mentions that...