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Why Textron Stock Slumped Today

TheMotleyFool 
0 0 24.07.25
Why Textron Stock Slumped Today: https://g.foolcdn.com/editorial/images/826643/red-arrow-seems-to-shake-as-it-goes-down-over-a-red-map-of-the-world-in-the-background.jpg
 

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

€66.22
-2.820%
A loss of -2.820% shows a downward development for Textron Inc..
We see a rather positive sentiment for Textron Inc. with 12 Buy predictions and 1 Sell predictions.
With a target price of 88 € there is a positive potential of 32.89% for Textron Inc. compared to the current price of 66.22 €.
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