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Fly News Breaks for April 24, 2017
BEAV, COL
Apr 24, 2017 | 05:53 EDT
JPMorgan analyst Seth Seifman upgraded Rockwell Collins to Overweight from Neutral after resuming coverage of the name following a period of restriction. He raised his firm's price target to $125 from $94. The acquisition of B/E Aerospace, along with the move to adjusted earnings and new accounting rules, will boost Rockwell's headline earnings "significantly," Seifman tells investors in a research note.
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