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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.

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Source Fool.com

Textron Inc. Stock

€80.62
2.310%
Textron Inc. gained 2.310% today.
Textron Inc. is currently one of the favorites of our community with 12 Buy predictions and no Sell predictions.
With a target price of 89 € there is a slightly positive potential of 10.39% for Textron Inc. compared to the current price of 80.62 €.
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