Morgan Stanley has revised its price target for Textron (TXT, Financial), reducing it from $82 to $71. Despite this adjustment, the firm maintains an Equal Weight rating on the company’s shares. This change comes amidst broader concerns within the aerospace industry, where ongoing tariff uncertainties exacerbate potential disruptions in an already fragile supply chain.
The financial institution highlights these supply chain vulnerabilities as a significant factor influencing its outlook. In light of these challenges, Morgan Stanley expresses a preference for investing in more resilient aftermarket businesses rather than original equipment manufacturers. This strategic shift reflects a cautious approach aimed at navigating the fluctuating conditions in the aerospace sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 15 analysts, the average target price for Textron Inc (TXT, Financial) is $87.08 with a high estimate of $107.00 and a low estimate of $62.00. The average target implies an upside of 34.97% from the current price of $64.52. More detailed estimate data can be found on the Textron Inc (TXT) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Textron Inc's (TXT, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Textron Inc (TXT, Financial) in one year is $97.53, suggesting a upside of 51.16% from the current price of $64.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Textron Inc (TXT) Summary page.
