LMI Aerospace

Deutsche Bank is out with its report today on LMI Aerospace (NASDAQ: LMIA), downgrading LMIA from Buy to Hold. In a note to clients, Deutsche Bank writes, "We are lowering our recommendation on shares of LMIA to Hold from Buy solely based on valuation. We have long argued that LMIA's valuation...

Deutsche Bank is out with its report today on LMI Aerospace (NASDAQ: LMIA), raising its PT from $23 to $24. In a note to clients, Deutsche Bank writes, "Our 2011 EPS estimate goes to $1.59 from $1.55, based all on lower tax. Our 2012 EPS estimate is unchanged at $1.92. We are raising our price...

Deutsche Bank has raised the price target on LMI Aerospace (NASDAQ: LMIA) from $23 to $24 and maintains its Buy rating.

Oppenheimer is out with its report today on LMI Aerospace (NASDAQ: LMIA), raising its PT from $24 to $26. In a note to clients, Oppenheimer writes, "LMIA reported 1Q EPS of $0.37 vs. our $0.31, and consensus $0.32. The beat was mostly on tax, from a non-taxable gain from a liability elimination....

Oppenheimer has raised the price target on LMI Aerospace (NASDAQ: LMIA) from $21 to $24 and maintains its Outperform rating.

LMI Aerospace, Inc. (NASDAQ: LMIA) reported EPS of $0.23, shy of Oppenheimer's $0.32E (consensus $0.31) on lower Aerostructures sales and margin. “The company lowered 2010 guidance on 3Q results and delays of $4M in MRJ tooling sales, now expected in early 2011,” Oppenheimer writes. “2010 sales...