Equities researchers at Jefferies Group began coverage on shares of Textron Inc. (NYSE:TXT) in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $46.00 price target on the stock. Jefferies Group’s target price suggests a potential upside of 15.87% from the stock’s previous close. Textron Inc. (NYSE:TXT) stock opened at $40.05 in last session, and closed at $40.11, while the day range of stock is $39.99 – $40.40. The stock showed a positive weekly performance of 0.55%.
Morgan Stanley initiated coverage on shares of Northrop Grumman (NYSE:NOC) in a research report released on Wednesday morning, AnalystRatingsNetwork.com reports. The firm issued an equal weight rating on the stock. Northrop Grumman Corporation (NYSE:NOC) stock opened at $123.66, in last session and closed at $123.69, by gaining 123.69%. The 52 week range of the stock is $64.64 – $124.71. Company’s market capitalization is $26.81 billion.
GenCorp Inc. (NYSE:GY) announced Thursday it has a plan to repurchase up to $55 million worth of shares of its common stock under specific Securities and Exchange Commission rules. Gencorp Inc (NYSE:GY) stock advanced 0.94% and finished the last session at $19.41. The EPS of the stock remained 1.89. Company’s market capitalization is $1.16 billion.
Micronet Enertec Technologies, Inc. (NASDAQ:MICT), formerly Lapis Technologies, Inc., operate through two Israel-based companies, Enertec Systems 2001 Ltd (Enertec), its wholly owned subsidiary, and Micronet Ltd (Micronet), in which it has a controlling interest. It develops, manufactures, integrates and globally market rugged computers, tablets and computer-based systems and instruments for the commercial, defense and aerospace markets. Micronet Enertec Technologies Inc (NASDAQ:MICT) stock opened the session at $5.42 and closed the session at $5.20. The 52 week range of the stock remained $3.75 – $12.25 and the day range was $5.13 – $5.63.