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Fly News Breaks for April 22, 2016
COL
Apr 22, 2016 | 08:19 EDT
After Rockwell Collins reported roughly in-line results, Sterne Agee CRT says that the company's fiscal 2016 outlook "remains very back-half weighted," giving investors pause and leading to the 5% decline in the stock yesterday. The firm still expects the company's growth to outpace that of the industry heading into fiscal 2017 and recommends that investors buy the shares on any further weakness. It keeps a $96 price target and Buy rating on the shares.
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