Citigroup Raises Textron Price Target

Investment bank boosts aerospace company's stock outlook

Apr. 2, 2026 at 5:19pm

Got story updates? Submit your updates here. ›

Citigroup analysts have increased their price target for Textron (NYSE: TXT) stock from $97 to $99, maintaining a 'neutral' rating on the aerospace company's shares. The new target represents a potential upside of 12.42% from Textron's previous closing price.

Why it matters

Textron is a major player in the aerospace and defense industries, so changes to its stock outlook can signal broader trends in those sectors. Citigroup's price target increase suggests cautious optimism about Textron's near-term performance, though the 'neutral' rating indicates analysts see limited upside potential at current levels.

The details

In a research note, Citigroup cited Textron's recent financial results and market positioning as factors behind the price target hike. The investment bank also noted that other equity analysts have a range of views on Textron, with some more bullish and others more neutral on the stock.

  • Citigroup issued the updated price target and rating on Thursday, April 2, 2026.

The players

Citigroup

A major global investment bank and financial services company.

Textron

An American industrial conglomerate that produces aircraft, defense and industrial products.

Got photos? Submit your photos here. ›

What’s next

Investors will be watching to see if Textron's stock price can reach Citigroup's new $99 price target in the coming weeks and months.

The takeaway

Citigroup's modest price target increase for Textron suggests cautious optimism about the aerospace company's near-term outlook, though analysts see limited room for the stock to significantly outperform the broader market at current valuation levels.