Morgan Stanley analyst Kristine Liwag raised the firm’s price target on Textron (TXT) to $92 from $86 and keeps an Equal Weight rating on the shares after updating the firm’s model for Q4 results and management commentary.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TXT:
- Textron: Excessive Selloff vs. Solid Long-Term Potential, but Aviation Margin Uncertainty and Near-Term Cash Headwinds Justify a Hold
- Textron price target lowered to $97 from $107 at Citi
- Balanced Risk-Reward Keeps Textron at Hold Amid Incremental Growth and Margin Pressures
- Textron: Aviation Strength Offset by MV-75 Headwinds, Capex Step-Up, and Portfolio Uncertainty Supports Hold Rating
- Textron Earnings Call: Record Results, MV-75 Trade-offs