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Spirit Aerosystems Holdings Inc (SPR) rating downgrades by The Benchmark Company

Spirit Aerosystems Holdings Inc’s filing revealed that its Officer BILL BROWN acquired Company’s shares for reported $1.67 million on Aug 14 ’24. In the deal valued at $34.16 per share,48,781 shares were bought.

The Benchmark Company downgraded its Spirit Aerosystems Holdings Inc [SPR] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in early February from “a Market perform” to “an Outperform”. KeyBanc Capital Markets began covering SPR with “Sector weight” recommendation on January 17, 2024. Citigroup started covering the stock on January 17, 2024. It rated SPR as “a Buy”.

Price Performance Review of SPR

On Tuesday, Spirit Aerosystems Holdings Inc [NYSE:SPR] saw its stock jump 1.11% to $37.30. Over the last five days, the stock has gained 4.25%. Spirit Aerosystems Holdings Inc shares have risen nearly 9.45% since the year began. Nevertheless, the stocks have risen 21.22% over the past one year. While a 52-week high of $37.09 was reached on 05/13/25, a 52-week low of $27.00 was recorded on 04/07/25. SMA at 50 days reached $34.19, while 200 days put it at $33.55.

Levels Of Support And Resistance For SPR Stock

The 24-hour chart illustrates a support level at 36.86, which if violated will result in even more drops to 36.41. On the upside, there is a resistance level at 37.65. A further resistance level may holdings at 38.00. The Relative Strength Index (RSI) on the 14-day chart is 73.19, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.64%. Stochastics %K at 93.35% indicates the stock is a selling.

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