Looking At RTX's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Raytheon Technologies Corporation (RTX), with a majority of investors taking a bullish stance. The price range targeted by these investors over the last three months is between $70.0 and $95.0. The current price of RTX is $75.68, up 0.8%. Analysts have mixed opinions, with ratings ranging from 'Sector Perform' to 'Overweight' and price targets between $75 and $99.
September 20, 2023 | 2:48 pm
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Raytheon Technologies Corporation (RTX) has seen unusual options activity, with a majority of investors bullish. The targeted price range is $70-$95. Current price is $75.68, up 0.8%. Analyst ratings vary with price targets between $75 and $99.
The bullish stance of majority investors, coupled with the current upward trend in RTX's price, suggests a positive short-term impact. However, mixed analyst ratings indicate uncertainty, which could moderate the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100