UPDATE: Jefferies Raises PT on Esterline Technologies Following GAAP EPS Report
August 30, 2013 at 11:06 AM EDT
In a report published Friday, Jefferies analyst Howard A. Rubel reiterated a Buy rating on Esterline Technologies Corporation (NYSE: ESL ), and raised the price target from $84.00 to $92.00. In the report, Jefferies noted, “GAAP EPS from Continuing Operations of $1.23 were below our estimate of $1.55, but the