UBS Initiates Coverage On Textron with Sell Rating, Announces Price Target of $73
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons has initiated coverage on Textron (NYSE:TXT) with a Sell rating and a price target of $73.
October 11, 2023 | 8:55 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
UBS has initiated coverage on Textron with a Sell rating and a price target of $73.
The Sell rating initiated by UBS suggests that the analyst believes Textron's stock price will decrease in the short term. The price target of $73 could also indicate that the analyst believes the stock is currently overvalued. This news is likely to negatively impact Textron's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100