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Fly News Breaks for May 25, 2017
COL
May 25, 2017 | 07:18 EDT
Bernstein analyst Douglas Harned started coverage of Rockwell Collins with a $129 price target and an Outperform rating. The analyst says that the company's strong leverage to commercial aircraft demand leaves it poised for "growth into the early 2020s." The analyst thinks that the company will benefit from the increased exposure to aerospace it obtained from the B/E Aerosapce deal. He adds that Rockwell Collins should benefit from increased use of its content on several airplanes.
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