Goldman Sachs downgraded Textron to Neutral, citing concerns about growth prospects and market share.
From Financial Modeling Prep: 2025-07-01 16:13:00
Goldman Sachs downgraded Textron (NYSE:TXT) to Neutral from Buy with a price target of $85, citing concerns about the stock’s ability to deliver further gains despite strengths in business jets and FLRAA contract win.
The core investment thesis for Textron remains intact, but Goldman expressed doubts about market share in business jets and limited growth prospects in Systems and Industrial divisions.
Textron trades at a discount to peers, but Goldman sees few catalysts for a stock rerating, prompting the downgrade to Neutral.
Goldman believes the upside potential for Textron is now balanced against risks, prompting the firm to wait for clearer signs of share gains or new growth drivers.
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