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Fly News Breaks for April 1, 2019
TXT
Apr 1, 2019 | 07:48 EDT
As previously reported, Credit Suisse analyst Robert Spingarn initiated coverage of Textron with a Neutral rating and a $50 price target. The analyst notes that Textron is a market leader in many of its markets, including executive aviation, commercial rotorcraft, and specialized vehicles. However, many of these markets have low visibility and/or soft growth, which often require competitive pricing as well as continual product investment, he contended.
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