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Fly News Breaks for March 6, 2015
TXT
Mar 6, 2015 | 07:44 EDT
As previously reported, Nomura upgraded Textron to Buy from Neutral. The said downside risks at Bell have been alleviated after the significant restructuring during 2014. The business jet cycle continues to strengthen and the company will enter new markets in 2017/2018 that could add potentially 20% to sales. Price target raised to $50 from $45.
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