12 Analysts Have This to Say About RTX
Portfolio Pulse from Benzinga Insights
Over the past quarter, RTX (NYSE:RTX) received 12 analyst ratings with an average 12-month price target of $82.25, a decrease from the previous $99.67. The ratings include 2 somewhat bullish, 9 indifferent, and 1 somewhat bearish. No fully bullish or bearish ratings were given. This suggests a cautious outlook from analysts on RTX's stock performance.

November 15, 2023 | 9:00 pm
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NEUTRAL IMPACT
Analysts have set a new average price target for RTX at $82.25, indicating a 17.48% decrease from the previous target. The majority hold a neutral stance, with only 2 somewhat bullish and 1 somewhat bearish ratings.
The new average price target represents a significant decrease from the previous target, which could suggest a more conservative outlook on RTX's future performance. However, the lack of fully bullish or bearish ratings and the predominance of neutral ratings indicate that there is no strong consensus for a negative or positive trend, leading to a neutral score. The importance is high as price targets are a key factor in investment decisions, but not at the maximum because the ratings are mixed. The confidence level is high due to the clear data provided on analyst ratings and price targets.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100