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Fly News Breaks for March 15, 2016
HRS
Mar 15, 2016 | 07:55 EDT
As reported previously, Cowen downgraded Harris to Market Perform from Outperform as they see a heightened risk of foreign tactical RF order delays. The firm believes this could soften the company's already low tactical backlog and RF orders are necessary for the stock to work. Cowen lowered its price target to $90 from $102 on Harris shares.
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