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Citigroup Increases Textron (NYSE:TXT) Price Target to $99.00
Citigroup has raised its price target for Textron (NYSE:TXT) to $99.00 from $97.00, maintaining a “neutral” rating despite the company slightly missing Q1 earnings estimates. Textron reported a 15.6% year-over-year revenue increase to $4.18 billion and provided FY 2026 EPS guidance of $6.40-$6.60. The article also notes significant insider selling, with the Chairman and CEO offloading a substantial number of shares in recent months.