RBC Capital Downgrades RTX to Sector Perform, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ken Herbert has downgraded RTX (NYSE:RTX) from Outperform to Sector Perform and lowered the price target from $105 to $82.
September 12, 2023 | 9:46 am
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RBC Capital has downgraded RTX and lowered its price target, which could negatively impact the stock's performance.
Analyst ratings and price targets can significantly influence investor sentiment and stock performance. The downgrade from Outperform to Sector Perform and the lowering of the price target from $105 to $82 by RBC Capital could lead to a decrease in investor confidence in RTX, potentially causing a short-term drop in its stock price.
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RELEVANCE 100