Textron: Why Textron Remains Bullish and Its Next Potential MoveAverage performance in the 3 months following the first interest rate cut of the Federal Reserve easing cycle: +15.2%.
Textron (NYSE:TXT) is a multi-sector company that leverages its global network of aerospace, defense, industrial, and financial companies to provide various solutions and services to its customers.
The company operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Finance, and Textron eAviation.
Its stock trend has been uncertain for several months, ranging between $80 and $95. However, fair value forecasts predict that the stock will exceed $100 and reach $104.38 (about 20% higher than the current price), which would be a historic record !!!
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TXT
TradingView Binance All Futures USDT Pair TXT Import USDⓈ-M This is All Pairs List for USDⓈ-M Binance Futures 2022
Last Update: 23/07/2022
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Textron Earnings PrepTXT is scheduled to release earnings this week. Textron had a great year of releasing new models and receiving new orders. Their used aircraft sales continues to be some of the largest in the industry. Although there was an accident in a factory this last quarter optimism for the company i believe remains strong.