Boeing Stock Price Target Raised, Piper Likes Stryker Shares, Regal Beloit Positive
In Thursday trading, stocks are flying higher on a big boost from Bank of America this morning. As financials improve, so do other companies in the economy. Analysts reviews a few of the companies aiding the recovery with new insights to ponder:
Boeing Co. (NYSE:BA): Strong commercial aircraft demand leads Bernstein to increase target for Boeing. While the firm still has concerns with 787 aircraft production and pensions it maintains a Market Perform and raises Boeing target from $73 to $81.
Stryker Corp. (NYSE:SYK): Piper Jaffray says Stryker settlement with Massachusetts favorable. The settlement reached between Stryker and the Massachusetts Attorney General should not impact operations according to Piper. The firm likes shares at current levels and keeps an Overweight.
Regal Beloit Corporation (NYSE:RBC): Oppenheimer says Regal-Beloit shares poised to advance. Oppenheimer expect the company to top revenue growth and margins expectations for the year, citing favorable comps. The firm maintains an Outperform.
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