Although the firm sees a "relatively strong business jet recovery," Goldman believes it will...

|By:, SA News Editor

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.