This Is What Whales Are Betting On RTX
Portfolio Pulse from Benzinga Insights
Financial giants have made a bearish move on RTX (NYSE:RTX) with 60% of options trades showing bearish tendencies. The price window for RTX is projected between $95.0 to $115.0. RTX's stock is currently down 1.79% at $104.86, with a neutral RSI. Wells Fargo maintains an Overweight rating with a target price of $141.0.
June 13, 2024 | 8:04 pm
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Financial giants have shown a bearish sentiment on RTX with 60% of options trades being bearish. The stock is currently down 1.79% at $104.86. Wells Fargo maintains an Overweight rating with a target price of $141.0.
The majority of options trades (60%) are bearish, indicating a negative short-term outlook. The stock is currently down, and while Wells Fargo maintains a positive long-term target, the immediate sentiment is bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100