Textron (TXT) Declares $0.02 Quarterly Dividend; 0.2% Yield
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BofA/Merrill Lynch Double Downgrades Textron (TXT) to Underperform, Negative FY2018/2019 EPS Revisions
July 21, 2017 6:53 AM EDTBofA/Merrill Lynch downgraded Textron (NYSE: TXT) from Buy to Underperform with a price target of $45.00 (from $53.00).
Analyst Ronald Epstein sees endmarket weakness and expects the stock to underperform lest the endmarket recovers or management pursues strategic alternatives.
FY 2018 EPS estimate falls from... More
