Wells Fargo Maintains Equal-Weight on RTX, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers has maintained an Equal-Weight rating on RTX (NYSE:RTX) but lowered the price target from $100 to $78.
September 18, 2023 | 1:00 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on RTX but lowered the price target from $100 to $78.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on RTX's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100