Citigroup Initiates Coverage On Textron with Buy Rating, Announces Price Target of $90
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Jason Gursky has initiated coverage on Textron (NYSE:TXT) with a Buy rating and a price target of $90.
July 06, 2023 | 9:34 am
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Citigroup has initiated coverage on Textron with a Buy rating and a price target of $90, which could positively impact the company's stock.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, Citigroup's Buy rating and $90 price target for Textron suggest a positive outlook for the company, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100