Emerson to Acquire Tools and Test Equipment Business from Textron to Create Leading Portfolio for the Pro

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Go back to Emerson to Acquire Tools and Test Equipment Business from Textron to Create Leading Portfolio for the Pro

Textron (TXT) PT Raised to $73 at Cowen Following 1Q

April 19, 2018 8:20 AM EDT

Cowen raised its price target on Textron (NYSE: TXT) to $73.00 (from $70.00) while maintaining a Outperform rating following the company's 1Q. Adj. Q1 EPS of $0.72 (+57% Y/Y) beat consensus by 24¢ on strong ops ex. Gains were led by Systems and Aviation.

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