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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

€73.94
-0.050%
There is nearly no change for the Textron Inc. stock today. Compared to yesterday it only changed by -€0.040.
With 14 Buy predictions and not the single Sell prediction the community is currently very high on Textron Inc..
As a result the target price of 88 € shows a slightly positive potential of 19.02% compared to the current price of 73.94 € for Textron Inc..
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