Susquehanna Maintains Positive on Textron, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Charles Minervino maintains a Positive rating on Textron (NYSE:TXT) but lowers the price target from $110 to $105.
April 26, 2024 | 2:13 pm
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NEUTRAL IMPACT
Susquehanna maintains a Positive rating on Textron but lowers the price target from $110 to $105.
While the reduction in price target could suggest a slightly less optimistic outlook on Textron's future stock performance, the maintenance of a Positive rating indicates continued confidence in the company's fundamentals. This mixed signal might lead to a neutral short-term impact on Textron's stock price as investors weigh the lowered price target against the sustained positive outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100