LITTLE ROCK, Ark.--(BUSINESS WIRE)--Stephens Inc., an independent, full-service investment banking firm, named Drew Lipke the Aerospace and Defense (A&D) research analyst for the equity research practice. His coverage will include a broad range of leading Commercial Aerospace, Defense and Government Services companies. As part of his Defense and tactical products focus, Mr. Lipke will also cover gun manufacturers and select outdoor products companies. This appointment is part of Stephens’ growing A&D offering across research and investment banking.
“The addition of A&D to our industry coverage is an outgrowth of demand for Stephens’ related expertise and knowledge and marks continued progress within this strategic market,” stated Nik Fisken, executive vice-president and director of research at Stephens. “As a former associate on our research team, Drew exemplifies our considered approach to stock selection and keen understanding of dynamic industries – a key advantage of promoting from within. Drew’s coverage will launch in 1Q17.”
Mr. Lipke joined Stephens’ research in 2014 as an associate covering the building materials and construction services sector. Prior to 2014, he spent seven years in Stephens’ institutional equity sales department. He received a bachelor of business administration in finance from the Terry College of Business at the University of Georgia.
Stephens’ international A&D coverage targets high-quality companies at a time when the commercial aerospace sector has strong multi-year backlogs and there are demonstrated secular growth stories in defense, space, and small arms. “As these companies look to capitalize on robust order books and cyclical upturn in defense and security spending, we’re in a strong position to identify the right opportunities for Stephens’ clients,” Fisken concluded.
About Stephens Inc.
Stephens Inc. is a full service investment banking firm headquartered in Little Rock, Arkansas. Since its inception in 1933, privately held Stephens Inc. has served a broad client base which includes corporations, state and local governments, financial institutions, institutional investors and individual investors throughout the United States and overseas. The firm is a member of the New York Stock Exchange and SIPC. For more information, visit www.stephens.com.