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Enter Symbol:
 
Goodrich Corporation (the) (GR) [hlAlert]

Rating:
Mkt Perform
GR
down 63.99 %

Goodrich Corporation (GR) downgraded to Mkt Perform with price target $46 by Friedman Billings

Posted on: Friday,  Nov 21, 2008  8:25 AM ET by Friedman Billings

Friedman Billings rated Mkt Perform Goodrich Corporation (NYSE: GR) on 11/21/2008. Previously Friedman Billings rated Buy Goodrich Corporation (NYSE: GR)
on 11/16/2007., when the stock price was $72.11. Since then, Goodrich Corporation has lost 64.00% as of 11/21/2008's recent price of $25.96.
If you would have followed the previous Friedman Billings's recommendation on GR, you would have lost 63.99% of your investment in 371 days.

B.F. Goodrich Co.'s operations are classified into three business segments: BFGoodrich Aerospace, BFGoodrich Engineered Industrial Products and BFGoodrich Performance Materials. The company's business is conducted on a global basis with manufacturing, service and sales undertaken in various locations throughout the world.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/21/2008 8:25 AM Hold
None
25.96 46.00
as of 12/24/2008
1 Week up  4.78 %
1 Month up  16.31 %
3 Months up  43.29 %
1 YTD up  16.72 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/16/2007 9:25 AM Buy
None
72.11 83.00
7/27/2007 9:25 AM Buy
None
62.50 69.00

(*) Stock Price at the time of the recommendation.
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