Argus Downgrades Rockwell Collins (COL) to Hold

August 26, 2016 7:33 AM EDT
Get Alerts COL Hot Sheet
Price: $79.99 +0.98%

Rating Summary:
    9 Buy, 12 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 23 | New: 30
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Argus downgraded Rockwell Collins (NYSE: COL) from Buy to Hold following the company's weaker outlook.

The analyst notes the company's top and bottom lines are struggling to offset weakness in the business jet market, which accounts for about 10% of sales.

For an analyst ratings summary and ratings history on Rockwell Collins click here. For more ratings news on Rockwell Collins click here.

Shares of Rockwell Collins closed at $84.43 yesterday.

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