Textron (TXT) Reports In-Line Q4 EPS; Issues Light FY15 EPS Outlook

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BofA/Merrill Lynch Upgrades Textron (TXT) to Buy

January 30, 2015 7:07 AM EST

BofA/Merrill Lynch upgraded Textron (NYSE: TXT) from Neutral to Buy with a price target of $50.00 (from $44.00) on valuation.

The firm is lowering FY 2015 EPS from $2.61 to $2.50, FY 2016 EPS from $3.00 to $2.85 and FY 2017 EPS from $3.65 to $3.50.

For an analyst ratings... More