Will B/E Aerospace (BEAV) Stock be Affected Today by This Analyst Action?

NEW YORK (TheStreet) --Deutsche Bank maintained its "buy" rating of the "new" B/E Aerospace (BEAV) with a price target of $66, down from $91, following the spin-off of the company's consumable management segment.

"We continue to see fundamentals of strong airline profitability and air traffic growth driving mid-to-high SD top-line growth alongside steady margin expansion," Deutsche Bank said.

Analysts said that the spin-off of KLX (KLXI) from the company makes for a much "cleaner story" for BEAV, as it becomes a pure-play to commercial aerospace with uniquely high exposure to commercial aerospace aftermarket, which comprises 40% of sales.

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Will B/E Aerospace (BEAV) Stock be Affected Today by This Analyst Action?

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