Bernstein upgraded Safran (SAFRY) to Outperform from Market Perform with a price target of EUR 370, up from EUR 320. The firm sees strength in the aftermarket supporting “superior” earnings growth for the company through the end of the decade.
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Read More on SAFRY:
- Safran SA Reports Strong Earnings Amid Challenges
- Safran price target raised to EUR 350 from EUR 290 at Jefferies
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- SAFRAN SA: Strong Financial Performance and Promising Prospects Justify Buy Rating
- Upgraded Guidance and Aftermarket Growth Propel Safran to a Buy Rating