Zacks upgraded shares of LMI Aerospace (NASDAQ: LMIA) from a neutral rating to an outperform rating in a research note issued to investors on Friday. The firm currently has $24.10 target price on the stock.
Zacks has also taken action a number of other industrial goods stocks recently. The firm upgraded shares of FleetCor Technologies from a neutral rating to an outperform rating. The firm now has a $69.00 price target on that stock. Also, Zacks downgraded shares of CPI Aerostructures from a neutral rating to an underperform rating. Their analysts now have a $9.10 price target on that stock. Finally, Zacks reiterated its outperform rating on shares of Alliant Techsystems. They have a $79.00 price target on that stock.
Separately, analysts at Oppenheimer raised their price target on shares of LMI Aerospace from $23.00 to $29.00 in a research note to investors on Wednesday, February 13th.
Shares of LMI Aerospace traded up 0.62% during mid-day trading on Friday, hitting $22.57. LMI Aerospace has a 52 week low of $14.97 and a 52 week high of $22.83. The stock’s 50-day moving average is currently $21.22. The company has a market cap of $265.2 million and a P/E ratio of 13.51.
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