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Fly News Breaks for August 10, 2017
ESL
Aug 10, 2017 | 07:18 EDT
Goldman analyst Noah Poponak downgraded Esterline to Sell and cut its price target to $75 from $86 citing margin challenges and growth headwinds in Aero and the non-A&D businesses. Further, the analyst said there are signs the company is losing share or price, and believes initial 2018 guidance could be below expectations.
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