Goldman downgrades Textron Inc (TXT) rating to a Neutral

In a filing, Textron Inc revealed its VP & Corporate Controller Bamford Mark S unloaded Company’s shares for reported $0.4 million on Feb 24 ’25. In the deal valued at $72.68 per share,5,451 shares were sold. As a result of this transaction, Bamford Mark S now holds 18,223 shares worth roughly $1.5 million.

Then, Bamford Mark S sold 2,000 shares, generating $147,000 in total proceeds. Upon selling the shares at $73.50, the VP & Corporate Controller now owns 18,223 shares.

Goldman downgraded its Textron Inc [TXT] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Neutral”. Vertical Research also remained covering TXT and has increased its forecast on January 06, 2025 with a “Buy” recommendation from previously “Hold” rating. TD Cowen revised its rating on September 25, 2024. It rated TXT as “a Hold” which previously was an “a Buy”.

Price Performance Review of TXT

On Tuesday, Textron Inc [NYSE:TXT] saw its stock jump 0.92% to $82.12. Over the last five days, the stock has gained 2.28%. Textron Inc shares have fallen nearly -4.74% since the year began. Nevertheless, the stocks have risen 7.36% over the past one year. While a 52-week high of $94.57 was reached on 07/07/25, a 52-week low of $57.70 was recorded on 04/07/25.

Levels Of Support And Resistance For TXT Stock

The 24-hour chart illustrates a support level at 81.24, which if violated will result in even more drops to 80.37. On the upside, there is a resistance level at 82.91. A further resistance level may holdings at 83.71.

How much short interest is there in Textron Inc?

A steep rise in short interest was recorded in Textron Inc stocks on 2025-06-13, growing by 32255.0 shares to a total of 5.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.05 million shares. There was a rise of 0.64%, which implies that there is a positive sentiment for the stock.

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