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Fly News Breaks for October 14, 2015
ATRO
Oct 14, 2015 | 07:38 EDT
Canaccord lowered its price target on Astronics to $60 from $70 to reflect the recently completed 15% stock distribution. The firm maintains its Buy rating on Astronics, despite its recent investor day failing to provide the positive catalysts that had been hoped for, as Canaccord continues to believe the longer term fundamentals remain intact for the company.
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