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Fly News Breaks for September 2, 2015
TXT
Sep 2, 2015 | 06:33 EDT
Citi analyst Jason Gursky upgraded Textron to Buy saying the recent pullback in shares has created a "compelling valuation entry point." Recent long-term contract wins, particularly in the company's military businesses, provides a positive bias to Textron's earnings outlook, Gursky tells investors in a research note. He keeps a $50 price target for shares.
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