2023-07-13 13:39:43 ET
Boeing ( NYSE: BA ), Spirit AeroSystems ( NYSE: SPR ) and Leidos Holdings ( NYSE: LDOS ) are the top Buy-rated aerospace and defense stocks going into Q2 earnings season, analysts at Goldman Sachs said Wednesday. The bank’s preview report also included revisions to EPS estimates for several companies it covers.
Aside from highlighting several Buy-rated picks, Goldman Sachs analyst Noah Poponak also pointed out Lockheed Martin ( NYSE: LMT ) as a Sell, Huntington Ingalls ( NYSE: HII ) as a Sell and Mercury Systems ( NASDAQ: MRCY ) as a Neutral.
Excerpts from Goldman Sachs commentary:
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Boeing, Spirit AeroSystems are key picks at Goldman Sachs for Q2 earnings