RBC Capital Maintains Outperform on RTX, Lowers Price Target to $105
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Ken Herbert has maintained an 'Outperform' rating on RTX (NYSE:RTX), but lowered the price target from $110 to $105.
July 26, 2023 | 2:17 pm
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RBC Capital has maintained an 'Outperform' rating on RTX but lowered the price target from $110 to $105.
The news is directly related to RTX as RBC Capital has maintained an 'Outperform' rating on the company but lowered the price target. This could potentially lead to mixed reactions in the market, with some investors seeing the lowered price target as a negative signal, while others may still be optimistic due to the 'Outperform' rating. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100