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Jefferies Keeps Their Buy Rating on Spirit AeroSystems (SPR)

Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on Spirit AeroSystems (SPRResearch Report) yesterday and set a price target of $60.00. The company’s shares closed last Friday at $46.89.

According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 5.9% and a 54.6% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, Raytheon Technologies, and L3Harris Technologies.

Currently, the analyst consensus on Spirit AeroSystems is a Strong Buy with an average price target of $60.22, which is a 29.4% upside from current levels. In a report issued on February 3, Susquehanna also maintained a Buy rating on the stock with a $55.00 price target.

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Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates its business through the following segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces and markets forward, mid, and rear fuselage sections and systems. The Propulsion Systems segment offers struts or pylons, nacelles, and related engine components. The Wing Systems segment includes the development, production, and market of wings, wing components, and other miscellaneous structural parts to primarily aircraft original equipment manufacturer, related spares, and maintenance, repair, and overhaul services. The company was founded on February 7, 2005 and is headquartered in Wichita, KS.

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