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Textron upgraded to Neutral from Sell at UBS

UBS upgraded Textron (TXT) to Neutral from Sell with a price target of $88, up from $73. Business jet demand is healthy, Bell margins have reset lower, the Powersports business is no longer part of the portfolio, and UBS sees limited downside risk to consensus estimates for 2025 and 2026, the analyst tells investors in a research note.

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