JP Morgan Maintains Overweight on RTX, Lowers Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Seth Seifman maintains an Overweight rating on RTX (NYSE:RTX) but lowers the price target from $100 to $87.
September 13, 2023 | 1:31 pm
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NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on RTX but lowers the price target from $100 to $87, which could potentially impact the stock's performance.
The news of JP Morgan maintaining an Overweight rating on RTX indicates a positive outlook for the company. However, the lowering of the price target from $100 to $87 might create a negative sentiment among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100