Why Textron Stock Slumped Today
Textron (NYSE: TXT) stock tumbled to close down 7.1% Thursday, despite beating analyst forecasts this morning.
Heading into the quarter, Wall Street had Textron pegged for a $1.45 per-share profit on $3.65 billion in quarterly sales. In fact, Textron earned $1.55 per share on sales of $3.7 billion.
Image source: Getty Images.
Source Fool.com
Textron Inc. Stock
€74.28
0.140%
Textron Inc. is currently one of the favorites of our community with 14 Buy predictions and no Sell predictions.
With a target price of 88 € there is a slightly positive potential of 18.47% for Textron Inc. compared to the current price of 74.28 €.
