tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BAE Systems upgraded to Buy from Hold at Jefferies

Jefferies analyst Chloe Lemarie upgraded BAE Systems (BAESY) to Buy from Hold with a price target of 2,060 GBp, up from 1,630 GBp. Civil aerospace momentum is accelerating, aftermarket upgrades are broad-based, and defense valuations “offer good entry points into an attractive supercycle,” the analyst tells investors in a sector note. In addition to making two upgrades, the firm raised price targets across key names in its European Aerospace & Defense coverage.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1