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Fly News Breaks for January 12, 2017
RTN
Jan 12, 2017 | 07:28 EDT
As noted earlier, RBC Capital started coverage of Raytheon with a $180 price target and an Outperform rating. Analyst Matthew McConnell calls the company "the best-positioned defense company for the current threat environment." He says that the company's " large and growing international installed base" should enable its revenue to expand and its margins to rise.
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