Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
AQR Capital Management LLC boosted its position in shares of Textron by 65.6% in the 2nd quarter.
CCC and Bell Textron have successfully delivered several aircraft in South America, including four Bell 407 helicopters to the Colombia National Police and two Bell 412 helicopters to the Colombia Naval Aviation Group, through Canada’s G2G contracts.
Source: https://www.cbj.ca/ccc-secures-43-m-contract-with-argentina-for-bell-helicopters/
Citigroup raised their target price on shares of Textron from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, July 28th.
In the Industrial segment, jobs cuts are expected at Textron Specialized Vehicles, resulting from lower demand for certain powersports products and at Kautex due to a slump in demand for fuel systems from European automotive manufacturers.
The Colombian Air Force plans to buy four additional T-6C Texan II turboprop training aircraft from Textron Aviation in a potential deal worth $38.34 million.
Source: https://www.aerotechnews.com/blog/2023/01/12/headlines-january-12-2/
The near and medium-term trends look for Textron, largely due to an expected rebound in demand for aircraft, accompanied by a robust backlog - especially with respect to private planes.
UBS Group began coverage on Textron in a research report on Tuesday, October 10th.