The
institutional investment landscape for
Textron Inc. (NYSE:TXT) has seen various movements. Firms including
Quest Partners LLC and
SageView Advisory Group LLC have established positions in the company, demonstrating its appeal amongst investors. It boasts an impressive
86% institutional ownership. However, companies like
PNC Financial Services Group Inc. and
Principal Financial Group Inc. have trimmed their holdings.Predictions have placed
Textron's Price Target at $95.63. Textron's
Cessna Aircraft has achieved some milestones, leaving a positive impact on analysts who have dubbed it a
'Solid Choice' for growth stocks. Financial metrics reveal a mixed picture with some analysts suggesting Textron's performance might be even better than its earnings suggest. The company is seen as a strong value stock for long term due to reports of strong Q1 2024 earnings despite lagging estimates. However, the Textron stock experienced a plunge post-earnings which could present a buying opportunity. With a current undervaluation of 40%, many see the company as a strong contender in the long term.
Textron TXT News Analytics from Wed, 06 Dec 2023 08:00:00 GMT to Sun, 26 May 2024 14:53:08 GMT -
Rating 5
- Innovation -1
- Information 8
- Rumor -5
