Susquehanna Keeps Their Hold Rating on Spirit AeroSystems (SPR)
Susquehanna analyst Charles Minervino maintained a Hold rating on Spirit AeroSystems yesterday and set a price target of $40.00. The company’s shares closed yesterday at $36.49.
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According to TipRanks, Minervino is a 4-star analyst with an average return of 6.7% and a 53.88% success rate. Minervino covers the Energy sector, focusing on stocks such as MRC Global, Nabors Industries, and Valaris.
The word on The Street in general, suggests a Hold analyst consensus rating for Spirit AeroSystems with a $40.00 average price target, a 9.62% upside from current levels. In a report released on November 2, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $36.00 price target.
Based on Spirit AeroSystems’ latest earnings release for the quarter ending October 2, the company reported a quarterly revenue of $1.59 billion and a GAAP net loss of $724.3 million. In comparison, last year the company earned a revenue of $1.47 billion and had a GAAP net loss of $476.9 million
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