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 3.4 star analyst with a 52% return on investment and a 2.2% success rate. Kahyaoglu has set a price target of $ 120.
TipRanks.com reports that Raytheon Technologies currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $116.89. The target pricing ranges from a high forecast of $130.00 down to a low forecast of $105.00. Raytheon Technologies (RTX)’s last closing price was $89.51 which would put the average price target at 30.59% upside.
In addition, TradingView issued a Sell rating for RTX over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on RTX.
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This article was pulled from the authority in health stocks, techstockmovers.com. While we integrate our news with TechStockMovers.com, if you are interested in the healthtech sector, please visit TechStockMovers.com.
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