Textron: Why Textron Remains Bullish and Its Next Potential Move

27 сент.

Average performance in the 3 months following the first interest rate cut of the Federal Reserve easing cycle: +15.2%.

Textron (NYSE:TXT) is a multi-sector company that leverages its global network of aerospace, defense, industrial, and financial companies to provide various solutions and services to its customers.

The company operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Finance, and Textron eAviation.

Its stock trend has been uncertain for several months, ranging between $80 and $95. However, fair value forecasts predict that the stock will exceed $100 and reach $104.38 (about 20% higher than the current price), which would be a historic record !!!

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