Will Textron Stock Continue To Trend Lower?
- Friday, October 29, 2021, 7:13
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The shares of Textron (NYSE: TXT) are trading at 40% above pre-Covid highs assisted by expectations of strong business jet demand in the coming years. However, the shares of its peers, Embraer and Bombardier have just recovered to pre-pandemic levels. Are investors too optimistic on Textron…