Wells Fargo Maintains Overweight on RTX, Raises Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers maintains an Overweight rating on RTX (NYSE:RTX) and raises the price target from $119 to $141.
May 17, 2024 | 2:16 pm
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Wells Fargo analyst Matthew Akers maintains an Overweight rating on RTX and raises the price target from $119 to $141, indicating a positive outlook for the stock.
The raised price target and maintained Overweight rating from a reputable analyst at Wells Fargo suggest a positive short-term impact on RTX's stock price. Investors are likely to view this as a strong endorsement of the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100