Cai von analyst at Cowen & Co. reiterates coverage on Raytheon Technologies (RTX) in the tech stock sector with a Buy rating. TipRanks.com has von rated as a 3.9 star analyst with a 57% return on investment and a 3.1% success rate. von has set a price target of $ 120.
TipRanks.com reports that Raytheon Technologies stock currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $112.00. The target pricing ranges from a high forecast of $120.00 down to a low forecast of $98.00. Raytheon Technologies (RTX) stock's last closing price was $84.95 which would put the average price target at 31.84% upside.
In addition, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on RTX's stock.
Other analysts covering RTX stock include:
- Kenneth Herbert of RBC Capital issued a Buy rating with the price target of $ 115 on 4 days ago
- Sheila Kahyaoglu of Jefferies issued a Buy rating with the price target of $ 110 on 1 month ago
- Seth Seifman of J.P. Morgan issued a Buy rating with the price target of $ 110 on 1 month ago
- Matthew Akers of Wells Fargo issued a Hold rating with the price target of $ 98 on 1 month ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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