Sheila Kahyaoglu, analyst at Jefferies, reiterates coverage on Raytheon Technologies (RTX) in the Technology sector with a Buy rating. TipRanks.com has Kahyaoglu rated as a 4 star analyst with a 12.00% return on investment and a 68.00% success rate. Kahyaoglu has set a price target of $105.00.
TipRanks.com reports that RTX currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $95.17. The target pricing ranges from a high forecast of $105.00 down to a low forecast of $85.00.
RTX’s last closing price was $88.68 which would put the average price target at 7.32% upside.
In addition, TradingView issued a Buy rating for RTX over the next month.
Remember, securities are volatile, so please do your own research on RTX.
Other analysts covering RTX include:
- Robert Spingarn of Credit Suisse issued a buy rate with the price target of $95 on May 19th
- Peter Arment of Robert W Baird issued a buy rate with the price target of $100 on May 19th
- Charles Minervino of Susquehanna issued a buy rate with the price target of $97 on May 19th
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