Deutsche Bank Updates on TXT

Deutsche Bank has issued an update report on Textron TXT. Deutsche Bank writes, "FY EPS guidance was reiterated ($1.00‐1.15; DBs: $1.06; consensus: $1.11), with the company stating that demand environment for commercial aircraft remained stable, and expects a "significant" pick‐up in demand in 2H." TXT has a Hold Rating and a $28 Price Target. TXT closed yesterday at $22.30 a share.