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LSV Asset Management Lowers Holdings in Textron Inc. $TXT
LSV Asset Management reduced its stake in Textron Inc. by 1.1% in Q3, selling 46,821 shares, though it remains a significant holding. Textron reported strong Q results with revenue beating estimates, and analysts maintain a “Moderate Buy” rating with a target price of $97.20. Despite LSV’s trimming, other institutional investors have mostly increased their positions in the aerospace company.