Credit Suisse raises Spirit AeroSystems (SPR) to outperform from neutral and its share-price...

|About: Spirit AeroSystems Holdin... (SPR)|By:, SA News Editor

Credit Suisse raises Spirit AeroSystems (SPR) to outperform from neutral and its share-price target to $27 from $22, citing the assumption of positive free cash flow in 2012 and the "absence" of strike risk at Boeing, Spirit's main customer. Credit Suisse also raises its 2012 and 2013 profit outlook for Spirit. Shares +2.95% to $19.54.