Investment activities surrounding Textron (TXT) have been notable recently with various institutions modifying their holdings. Among them, Xponance, Principal Financial Group, and U.S. Capital Wealth Advisors all sold shares, while Dakota Wealth Management, Victory Capital Management, and Vontobel Holding made significant acquisitions. Furthermore, Textron's stock price target was increased to $86.00 with traders including MQS Management and Principal Financial Group buying in. However, the stock was downgraded to Neutral by Goldman Sachs and Wall Street Zen upgraded it to Strong-Buy.
In terms of earnings, there are forecasts that Textron will surpass estimates in its coming reports. On the operational side, Textron announced a new partnership with the Royal Thai Air Force and received FAA approval to upgrade its Citation Sovereign Jets with Starlink Satellite internet. Its Defense Cash Flows were also reported as undervalued. Finally, there is speculation on the market, questioning whether it's too late to invest.
Textron TXT News Analytics from Fri, 13 Sep 2024 07:00:00 GMT to Sat, 19 Jul 2025 02:36:26 GMT - Rating 6 - Innovation -3 - Information 7 - Rumor -5
