Outperformance in the commercial aftermarket likely will see Goodrich’s results for the first quarter exceed analysts’ expectations. Wedbush Securities on April 19 upgraded Goodrich shares to “outperform” from “neutral” and raised its price target to $100 from $92, ahead of the company’s quarterly report scheduled for April 21. Oil price spikes in February led to stock underperformance for Goodrich, and through April 18, GR stock has been down 4.4%. However, Wedbush Securities ...
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