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It’s been a crucial week for Textron Inc. (NYSE:TXT); here’s what analysts have to say.

Textron Inc. (NYSE:TXT) LogoInvestors sentiment increased to 1.01 in Q2 2018. Its up 0.18, from 0.83 in 2018Q1. It increased, as 22 investors sold Textron Inc. shares while 149 reduced holdings. 66 funds opened positions while 106 raised stakes. 204.61 million shares or 3.15% less from 211.27 million shares in 2018Q1 were reported.
Boston has 0.33% invested in Textron Inc. (NYSE:TXT). Mackenzie Fincl Corporation owns 0.01% invested in Textron Inc. (NYSE:TXT) for 81,156 shares. Catalyst Advsr Limited Liability Corporation reported 274,000 shares or 0.64% of all its holdings. Rocky Mountain Advisers Ltd Limited Liability Company reported 0.1% stake. Ibm Retirement Fund reported 4,911 shares stake. Acadian Asset Mgmt Ltd Company holds 0.11% or 386,275 shares. Amalgamated National Bank & Trust reported 0.06% stake. Stevens First Principles Inv Advisors, a California-based fund reported 7,925 shares. Oppenheimer And Inc owns 29,466 shares for 0.05% of their portfolio. Liberty Mutual Group Asset Mngmt Inc invested in 0.02% or 10,234 shares. Sageworth Trust reported 1,000 shares. Brown Brothers Harriman invested 0% in Textron Inc. (NYSE:TXT). Cadence Capital Ltd Liability Com reported 0.04% stake. Piedmont Investment Ltd holds 0.01% of its portfolio in Textron Inc. (NYSE:TXT) for 2,983 shares. Hudson Bay Cap Mgmt Limited Partnership holds 0.02% or 20,495 shares.

Since July 30, 2018, it had 0 insider purchases, and 1 insider sale for $3.04 million activity.

Textron Inc. (NYSE:TXT) Ratings Coverage

Among 4 analysts covering Textron (NYSE:TXT), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Textron has $78 highest and $65 lowest target. $74’s average target is 30.10% above currents $56.88 stock price. Textron had 5 analyst reports since July 12, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, July 12. Wells Fargo maintained the shares of TXT in report on Friday, October 19 with “Outperform” rating. JP Morgan maintained Textron Inc. (NYSE:TXT) on Monday, July 23 with “Overweight” rating. Bank of America maintained the shares of TXT in report on Wednesday, July 25 with “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, October 11. Below is a list of Textron Inc. (NYSE:TXT) latest ratings and price target changes.

19/10/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $72 New Target: $70 Maintain
11/10/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $70 New Target: $71 Maintain
25/07/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $75 New Target: $78 Maintain
23/07/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $74 New Target: $77 Maintain
12/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $64 New Target: $65 Maintain

The stock increased 0.26% or $0.15 during the last trading session, reaching $56.88. About 1.77 million shares traded. Textron Inc. (NYSE:TXT) has risen 33.07% since November 10, 2017 and is uptrending. It has outperformed by 17.45% the S&P500.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. The company has market cap of $13.82 billion. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. It has a 16.95 P/E ratio. The Textron Aviation segment makes and sells business jets, turboprop aircraft, piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as provides maintenance, inspection, and repair services.

More recent Textron Inc. (NYSE:TXT) news were published by: Seekingalpha.com which released: “Textron debuts full-scale Cessna SkyCourier mockup” on October 17, 2018. Also Seekingalpha.com published the news titled: “Textron -9% after missing estimates” on October 18, 2018. Seekingalpha.com‘s news article titled: “Textron Market Overreacted To Bad News” with publication date: October 24, 2018 was also an interesting one.

Textron Inc. (NYSE:TXT) Institutional Positions Chart

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