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March 20, 2014
07:56 EDTTXTTextron estimates adjusted, remains a top pick, says Cowen
Cowen adjusted its estimates for Textron to reflect its recent Beech acquisition. The firm believes earnings will be restrained near-term but will accelerate over the next two years and sees revenue synergies offering upside to estimates. Shares are Outperform rated with a $47 price target.
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