Textron Inc. (NYSE:TXT) is listed among the 7 Best Defense Dividend Stocks to Buy. Citigroup initiated coverage with a Neutral rating and a share price target of $91 on December 11. Wall Street analysts have a consensus Hold rating on the stock with a one-year average share price target of $89.14.

Textron Inc. (NYSE:TXT) has been paying consistent dividends for over three decades and declared a quarterly dividend of $0.02 per common stock. On December 17, the company sold a TSUNAMI autonomous vessel to the Naval Information Warfare Center Pacific to support naval needs.

In addition to the recent sale of a TSUNAMI vessel, Textron Inc. (NYSE:TXT) manufactures products for various industries through its six business segments: Bell, Textron Aviation, Textron eAviation, Textron Systems, Industrial, and Finance. On December 22, Wall Street analysts had a consensus Hold rating on the stock.

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Read more at Yahoo Finance: Wall Street Has a Consensus Hold Rating on Textron Inc. (TXT)