Shares of Esterline Technologies (ESL) trade 1% higher premarket after Wells Fargo fires up an...

|About: Esterline Technologies Co... (ESL)|By:, SA News Editor

Shares of Esterline Technologies (ESL) trade 1% higher premarket after Wells Fargo fires up an upgrade to Outperform from Market Perform. Though analysts with the firm lower their FY12 EPS estimate to $5.20 from $5.60, they say the risk/reward tradeoff for ESL is more favorable now.