Textron (TXT) Misses Q1 EPS by 12c

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Textron (TXT) PT Lowered to $26 at Vertical Research Partners

April 30, 2020 12:24 PM EDT

Vertical Research Partners analyst Robert Stallard lowered the price target on Textron (NYSE: TXT) to $26.00 (from $30.00) while maintaining a Hold rating.

The analyst commented, "Textons short cycle, discretionary products have been hit hard by COVID-19, and there could be more downside to... More