B of A Securities Downgrades RTX to Underperform, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ronald Epstein has downgraded Raytheon Technologies Corporation (RTX) from Neutral to Underperform and lowered the price target from $95 to $75.
September 14, 2023 | 10:36 am
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NEGATIVE IMPACT
Raytheon Technologies Corporation (RTX) has been downgraded from Neutral to Underperform by B of A Securities, with a lowered price target from $95 to $75.
The downgrade from Neutral to Underperform and the lowering of the price target by B of A Securities indicates a negative outlook for RTX. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100