JP Morgan Maintains Neutral on Textron, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman has maintained a Neutral rating on Textron (NYSE:TXT) and increased the price target from $84 to $85.
December 20, 2023 | 8:25 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on Textron and raised the price target to $85, indicating a potential upside from the previous target.
The increase in price target by JP Morgan suggests a positive outlook on Textron's valuation, which could lead to a short-term increase in investor confidence and potentially a slight uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100