JP Morgan Maintains Neutral on Textron, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman maintains a Neutral rating on Textron (NYSE:TXT) and lowers the price target from $100 to $95.
October 14, 2024 | 3:11 pm
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JP Morgan analyst Seth Seifman maintains a Neutral rating on Textron and lowers the price target from $100 to $95, indicating a slightly less optimistic outlook.
The lowering of the price target from $100 to $95 by JP Morgan suggests a slightly less optimistic view on Textron's future performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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IMPORTANCE 80
RELEVANCE 100