Citigroup Maintains Buy on Textron, Raises Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Gursky has maintained a Buy rating on Textron (NYSE:TXT) and increased the price target from $104 to $111.
April 04, 2024 | 3:53 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Textron and raised the price target to $111 from $104.
The upgrade in the price target by a reputable analyst like Jason Gursky from Citigroup is a strong positive signal for Textron. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100