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Fly News Breaks for July 26, 2016
COL
Jul 26, 2016 | 07:20 EDT
Canaccord downgraded Rockwell Collins to Hold from Buy following Q2 results that were softer than expected in commercial markets and an outlook for 2017 is weaker than expected. The firm believes the commercial market weakness will limit the upside in the shares. Canaccord lowered its price target to $94 from $100 on Rockwell Collins shares.
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