Information Provided By:
Fly News Breaks for January 26, 2017
TXT
Jan 26, 2017 | 07:55 EDT
Credit Suisse analyst Julian Mitchell sees a buying opportunity after Textron's Q4 results, noting that earnings are unlikely to stay frozen at $2.50 for long. While the analyst acknowledges that the company's 2017 is plagued by a number of mix headwinds, which are unlikely to persist into the medium-term, he points out that the stock rose by about 50% through year-end from where Textron closed after its earnings drop on Q4 earnings in January 2016. Mitchell reiterates an Outperform rating and $50 price target on the shares.
News For TXT From the Last 2 Days
There are no results for your query TXT