DZ Bank Downgrades RTX to Hold, Announces $79 Price Target
Portfolio Pulse from Benzinga Newsdesk
DZ Bank analyst Robert Czerwensky has downgraded RTX (NYSE:RTX) from Buy to Hold and set a price target of $79.
September 14, 2023 | 11:57 am
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DZ Bank has downgraded RTX from Buy to Hold, potentially impacting the stock's short-term performance.
The downgrade from Buy to Hold by DZ Bank indicates a less optimistic outlook for RTX, which could lead to a decrease in demand for the stock and potentially lower its price in the short term. The price target of $79 provides a benchmark for investors, which could also influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100