B of A Securities Maintains Neutral on RTX, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Ronald Epstein maintains a Neutral rating on RTX (NYSE:RTX) and raises the price target from $100 to $110.

April 24, 2024 | 5:19 pm
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B of A Securities maintains a Neutral rating on RTX but raises the price target from $100 to $110.
The increase in price target from $100 to $110 by B of A Securities suggests a positive outlook on RTX's future performance, potentially leading to a short-term increase in stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both growth and risk.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90