Textron (TXT) Misses Q3 EPS by 15c, Revenues Miss; FY18 EPS Guidance Range Narrowed

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Go back to Textron (TXT) Misses Q3 EPS by 15c, Revenues Miss; FY18 EPS Guidance Range Narrowed

Textron (TXT) PT Lowered to $73 at Vertical Research Partners Amid Weak Qtr

October 18, 2018 1:07 PM EDT

Vertical Research Partners analyst Robert Stallard lowered the price target on Textron (NYSE: TXT) to $73.00 (from $75.00) while maintaining a Buy rating following weak Q3 results as Textron ran into problems in its Industrial division.

On the call, Management commented that the... More