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Jefferies Adjusts Price Target on Textron to $115 From $110, Maintains Buy Rating
Jefferies has increased its price target for Textron (TXT) to $115 from the previous $110, while reiterating a Buy rating on the stock. This adjustment reflects a positive outlook from the analyst firm on the diversified industrial group, which specializes in aircraft, helicopters, industrial equipment, and defense systems. This news follows several other recent analyst adjustments and company announcements, including an equity buyback.