Goldman also upgraded the small cap engineering and manufacturing stock to a buy rating from neutral.
Ducommun 's growth and profit margin potential make the stock hard to ignore, according to Goldman Sachs. Analysts led by Noah Poponak upgraded the small cap aerospace stock to buy from neutral. Poponak's $80 price target — a high on Wall Street by LSEG's count — implies shares can jump more than 30% from Monday's close. The analyst said Ducommun has a strong outlook for growth across its business, especially with its exposure to original equipment manufacturers.
Here are Tuesday's biggest analyst calls: Netflix, Amazon, Lyft, CrowdStrike, Dell, Disney, Hormel, Eli Lilly, Home Depot & more
Stock Markets Goldman Sachs Group Inc Earnings Ducommun Inc Triumph Group Inc Hexcel Corp Business News
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