Although the firm sees a "relatively strong business jet recovery," Goldman believes it will ultimately "be muted by the 2014-2015 transition at Bell [characterized by] broader military revenue decline." Given this, analyst Noah Poponak downgrades Textron (TXT) to Neutral from Buy but raises the price target on the shares to $32 from $31.
Although the firm sees a "relatively strong business jet recovery," Goldman believes it will...
From other sites
Video at CNBC.com (Nov 16, 2015)
Video at CNBC.com (Jun 9, 2015)
at CNBC.com (Jan 5, 2015)
at CNBC.com (Dec 18, 2014)
Video at CNBC.com (Dec 18, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs