Esterline Techs (ESL) Receives a Hold from Wells Fargo


In a report released today, Sam Pearlstein from Wells Fargo maintained a Hold rating on Esterline Techs (NYSE: ESL). The company’s shares opened today at $115.50, close to its 52-week high of $115.79.

According to TipRanks.com, Pearlstein is ranked #1027 out of 4909 analysts.

Currently, the analyst consensus on Esterline Techs is a Moderate Buy with an average price target of $93.60.

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Based on Esterline Techs’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $27.82 million. In comparison, last year the company had a net profit of $29.78 million.

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Esterline Technologies Corp. engages in the manufacture of aircraft parts and components, automated drilling products and machine tool systems. It operates through the following segments: Avionics & Controls; Sensors & Systems; and Advanced Materials.

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