Textron Inc. (NYSE: TXT) seems poised to benefit from improvement in the business jet market and the industrial and commercial helicopter segments, according to Goldman Sachs.
The Textron Analyst: Noah Poponak upgraded the rating for Textron from Neutral to Buy, while raising the price target from $45 to $71.
The Textron Thesis: A sharp decline in the used inventory available for sale in recent months indicates an improvement in the business jet market, ...