UPDATE: Deutsche Bank Raises Textron's PT

According to a research report published earlier today, Deutsche Bank has increased Textron's

PT from $26 to $28. In the report, Deutsche Bank commented, “We recently spent time with management of TXT and walked away with a better appreciation of how leadership is looking at the business today and positioning it for growth in the future. Most of the conversation revolved around the sustainability of the strong margin/volume performance at Bell as well as the risk/reward balance seen in the Cessna segment with still mixed data-points in the low-end of the market.” Deutsche Bank maintains its Hold rating on Textron, which is currently trading at $27.32.