Textron price target raised to $104 from $102 at Citi

Citi analyst Jason Gursky raised the firm’s price target on Textron to $104 from $102 and keeps a Buy rating on the shares. The company’s Q4 results and 2024 outlook were largely in-line with expectations, the analyst tells investors in a research note. The firm says the stock reacted well to the growth outlook at Aviation, where higher demand for business jets post-pandemic remains robust.