Textron (TXT) Misses Q4 EPS by 2c; Guides FY16 EPS Below Views

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RBC Capital Reiterates Outperform as Textron (TXT) Management Notes Decent Customer Demand

January 28, 2016 8:02 AM EST

RBC Capital maintained an Outperform rating on Textron (NYSE: TXT), and cut the price target to $47.00 (from $52.00), following the company's 4Q earnings report. Textron reported EPS of $0.81, in line with consensus. Commenting on Aviation, management noted that there has been decent customer demand... More