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Fly News Breaks for November 11, 2015
ATRO
Nov 11, 2015 | 08:06 EDT
Canaccord said they do not see any near-term catalysts for Astronics, but continue to see long-term opportunity in the aerospace segment. The firm said the specific opportunity is the in-seat power market, as they see continued adoption by narrow fleet operators and a continued push for connectivity. Canaccord maintained its Outperform rating but lowered its price target to $56 from $60 on Astronics shares.
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