Textron (TXT) Declares $0.02 Quarterly Dividend; 0.1% Yield

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Go back to Textron (TXT) Declares $0.02 Quarterly Dividend; 0.1% Yield

Textron (TXT) PT Lowered to $60 at Stephens

October 23, 2017 11:37 AM EDT

Stephens lowered its price target on Textron (NYSE: TXT) to $60.00 (from $63.00) while maintaining a Equal Weight rating.

Analyst Drew Lipke continues to look forward to H2 2018 and 2019 for a reemergence of sales and earnings acceleration at Aviation. The analyst cuts the PT after reducing EPS estimates for 2018 and 2019.

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