TD Cowen Cuts Textron (TXT) Price Target to $100

TD Cowen has reaffirmed its Buy rating on Textron Inc., lowering the price target from $105 to $100, a 32.38% upside from the current price.

By TradeTexts Research Desk · Published Oct 16, 2026, 2:27 PM EDT

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TD Cowen cut its price target on Textron Inc. ($TXT) to $100 from $105 on October 9, 2026, and rates the stock "Buy".

Since the rating, $TXT is up 2.4% after 1 week and up 2.4% to date (from the $74.16 close on Oct 9, 2026).

TXT Textron Inc.

$75.93 -12.71% year to date

Daily close · Oct 16, 2026

Key Points

On October 9, 2026, TD Cowen reiterated its Buy rating on Textron Inc. with a new price target of $100, down from $105.
TD Cowen's $100 price target implies 32.38% upside from Textron Inc.'s ($TXT) current $75.54 share price.
Shares of Textron recently traded around $75.54, which is about 24.5% below the new price target.
Textron is set to report earnings on October 22, 2026, with trailing revenue of $15.3 billion and an EPS of $5.31.

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TD Cowen has reiterated its Buy rating on Textron Inc. (NYSE: TXT) on October 9, 2026, lowering the price target from $105 to $100. The firm continues to see potential in Textron despite the target cut, reflecting changes in market conditions.

TD Cowen's Call on Textron

TD Cowen maintains its Buy rating for Textron, adjusting the price target to $100, down from the previous target of $105. This change comes as the firm reassesses the company's market position and outlook. The recent share price of $75.54 puts it significantly below the new target, indicating a potential opportunity based on the firm's view.

Other Institutional Activity in Textron

Several other institutional investors have also adjusted their positions in Textron. FMR, LLC increased its holdings by 4,681,919 shares, bringing its total to 16,084,547 shares worth about $1.22 billion. Vanguard Capital Management LLC added 51,007 shares, totaling 11,385,818 shares valued at approximately $864.5 million. Meanwhile, State Street Corporation grew its stake by 85,753 shares, ending with 9,830,439 shares valued at around $746.4 million.

Textron Inc. Stock Down 5.2%

Textron shares recently traded at $75.54, which is 24.5% below the new price target set by TD Cowen. This suggests that the stock may be undervalued compared to the firm's expectations. The stock has faced some fluctuations, and investors will be watching closely as the company prepares to report its earnings.

12-month forecast

$TXT price target

Textron Inc. daily closes and this analyst's $100 target. Not advice.

Recent Earnings

Textron reported trailing twelve-month revenue of approximately $15.3 billion, showing a year-over-year growth of 3%. The company's earnings per share (EPS) stand at $5.31, with a return on equity (ROE) of 12.1%. The next earnings report is scheduled for October 22, 2026, which could provide further insights into the company's performance.

Insider Buying and Selling at Textron Inc.

Insider trading activity at Textron includes several notable transactions. On February 17, 2026, Officer Mark S. Bamford sold 29,341 shares valued at about $2.88 million. General Counsel E. Robert Lupone also sold 28,056 shares for approximately $2.77 million on the same date. In contrast, Director Thomas A. Kennedy purchased 10,300 shares on May 1, 2026, at an average price of $95.98, totaling about $988,594.

Analysts Set New Price Targets

On October 7, 2026, Citigroup maintained a Neutral rating on Textron with a price target of $86, down from $99. This reflects a cautious outlook amid changing market conditions. The consensus among analysts suggests that Textron remains a focus for investors, with a variety of opinions on its future performance.

About Textron

Textron Inc. operates in various sectors, including aircraft, defense, industrial, and finance. The company has several segments, such as Textron Aviation and Bell, which manufacture and service a range of aircraft. With a workforce of about 34,000 employees, Textron continues to be a key player in the aerospace and defense industry.

Bottom Line

Investors should keep an eye on Textron's upcoming earnings report on October 22, 2026, as it may provide important insights into the company's financial health. The recent price target adjustments by analysts and insider trading activity are also worth monitoring for further developments.