Goldman Sachs Maintains Buy on Textron, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak maintains a Buy rating on Textron (NYSE:TXT) and raises the price target from $103 to $120.
April 16, 2024 | 1:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Textron and increases the price target to $120.
The upgrade in price target by a reputable analyst like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100