Kepler Cheuvreux downgraded BAE Systems (BAESY) to Reduce from Hold with a 1,510 GBp price target The firm cites the recent re-rating in the shares for the downgrade.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BAESY:
- BAE Systems price target raised to 2,145 GBp from 1,475 GBp at Citi
- BAE Systems selected by AFRL to continue development of BATDOK
- BAE Systems price target raised to 2,158 GBp from 2,069 GBp at Morgan Stanley
- Trump Trade: Fannie, Freddie ordered to explore crypto as federal mortgage asset
- Trump looks to buy more missiles, drones in budget request, Reuters says