B/E Aerospace (BEAV) Misses Q2 EPS by 1c; FY15 Guidance Falls Short of Views
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Cowen Cuts Price Target to $57 on B/E Aerospace (BEAV) Following 2Q Results and '16 Sales Guidance
July 23, 2015 9:15 AM EDTCowen reiterated an Outperform rating on BE Aerospace (NASDAQ: BEAV), and cut the price target to $57.00 (from $67.00), following 2Q15. Analyst Gautam Khanna said that the 2Q results were overshadowed by BEAV's C16E sales growth guidance. Management guided C16 sales to 1-2%, well below... More
RBC Capital Cuts Price Target to $65 on B/E Aerospace (BEAV) Following a Cut in Sales Expectations
July 23, 2015 8:03 AM EDTRBC Capital reiterated an Outperform rating on BE Aerospace (NASDAQ: BEAV), and cut the price target to $65.00 (from $71.00), following 2Q15 and a cut in sales expectations for 2016. Analyst Robert Stallard said that the in-line results were overshadowed by the cut in sales expectations. Sales of $701m and EPS of $0.75 where... More
