Citigroup Maintains Buy on Textron, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Gursky has reaffirmed a Buy rating on Textron (NYSE:TXT) and increased the price target from $102 to $104, indicating a positive outlook on the company's stock.

January 25, 2024 | 8:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup analyst Jason Gursky has maintained a Buy rating on Textron and raised the price target from $102 to $104, suggesting confidence in the company's future performance.
The increase in price target by Citigroup reflects a positive assessment of Textron's stock, likely due to favorable market conditions, strong company performance, or positive industry trends. This endorsement from a major financial institution could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100