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Fly News Breaks for January 12, 2018
ESL
Jan 12, 2018 | 07:05 EDT
As previously reported, Credit Suisse analyst Robert Spingarn downgraded Esterline to Underperform from Neutral, stating that he has been disappointed in the lack of progress on the company's turnaround plan. The analyst, who expects 2018 to be weak for Esterline in terms of both revenue and margins, keeps a $70 price target on the shares.
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