EarlyBird Capital Reiterates Textron Hold

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EarlyBird Capital reiterated its Textron
TXT
Hold rating in a research report published today. In the report, EarlyBird Capital states, "Although widely expected, we were impressed by the improvements/progress made at TXT. That said, we believe there is still some execution risk in future improvements. This concern when coupled with our reticence towards a business jet recovery causes us to reiterate our HOLD rating on TXT." Shares of Textron were trading at $23.86 at the time of posting, up 7.87% from Tuesday's market close.
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Posted In: Analyst ColorReiterationAnalyst RatingsEarlyBird CapitalIndustrial ConglomeratesIndustrials
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