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Although the firm sees a "relatively strong business jet recovery," Goldman believes it will...

Although the firm sees a "relatively strong business jet recovery," Goldman believes it will ultimately "be muted by the 2014-2015 transition at Bell [characterized by] broader military revenue decline." Given this, analyst Noah Poponak downgrades Textron (TXT) to Neutral from Buy but raises the price target on the shares to $32 from $31.
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  • Owen
    , contributor
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    "[...] lowers the price target on the shares to $32 from $31. "

     

    Huh? The original article doesn't mention the word "lower".
    30 May 2013, 07:33 AM Reply Like
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