Baird Maintains Outperform on Textron, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Arment maintains an Outperform rating on Textron (NYSE:TXT) but lowers the price target from $109 to $100.
October 25, 2024 | 12:49 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Baird analyst Peter Arment continues to rate Textron as Outperform but has reduced the price target from $109 to $100, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Textron's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100