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Fly News Breaks for February 1, 2018
TXT
Feb 1, 2018 | 08:41 EDT
As previously reported, Morgan Stanley analyst Rajeev Lalwani upgraded Textron to Equal Weight from Underweight, citing the growing chances he sees of a bizjet recovery, the stock's relative underperformance over the last year and upside levers that include R&D cuts, M&A, or more capital returns. He raised his price target on Textron shares to $60 from $55.
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