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Fly News Breaks for June 27, 2018
CW
Jun 27, 2018 | 07:36 EDT
Baird analyst Peter Arment said the recent pullback in Curtiss-Wright was due to the weakness within industrials from the tariff blowback. He believes the fundamentals for organic growth remain intact and he sees healthy upside for the shares with improving free cash flow generation. The analyst, who said the 2018 guidance still appears to be conservative, reiterated his Outperform rating and $149 price target on Curtiss-Wright shares and added the stock as a "Fresh Pick."
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