Analysts Update Raytheon Price Target Post Q4 Results

Analysts adjusted their price target on Raytheon Technologies Corp RTX, following its mixed Q4 results.
Baird analyst Peter Arment raised the price target to $106 from $100 and maintained an Outperform rating on the shares.
The analyst said it posted a solid print and outlook with the recovery towards healthy cash generation, aided by the recovery in air travel and stability within the defense.
Morgan Stanley raised the price target to $118 (an upside of 32.7%) from $110 and maintained an Overweight rating on the shares.
Wells Fargo analyst Matthew Akers lowered the price target to $96 (an upside of 8%) from $97 and maintained an Equal-Weight rating on the shares.
Price Action: RTX shares are trading lower by 1.54% at $88.92 on the last check Wednesday.

Momentum87.99

Growth68.43

Quality-

Value21.10

Short

Medium

Long

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