TD Cowen Maintains Outperform on RTX, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Cai von Rumohr maintains an Outperform rating on RTX (NYSE:RTX) and raises the price target from $106 to $115.
March 19, 2024 | 12:18 pm
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POSITIVE IMPACT
TD Cowen raises RTX's price target to $115, maintaining an Outperform rating.
The increase in price target by a reputable analyst firm like TD Cowen suggests a positive outlook on RTX's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100