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Fly News Breaks for April 20, 2017
TXT
Apr 20, 2017 | 07:24 EDT
Baird analyst Peter Arment noted Textron reported a very soft margin performance in Q1 but said the outlook remains intact which supports the setup for operational improvements for the balance of 2017 and a return to the growth story at Textron Aviation in 2018. Arment said the weakness is a good buying opportunity for long-term investors and he reiterated his Outperform rating and $56 price target on Textron shares.
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