UBS Maintains Sell on Textron, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Gavin Parsons maintains a Sell rating on Textron (NYSE:TXT) and lowers the price target from $87 to $79.
October 25, 2024 | 8:55 pm
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UBS analyst Gavin Parsons has maintained a Sell rating on Textron and reduced the price target from $87 to $79, indicating a bearish outlook.
The maintenance of a Sell rating and the reduction of the price target from $87 to $79 by UBS suggests a negative outlook on Textron's stock performance. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100