This Is What Whales Are Betting On RTX
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards RTX (NYSE:RTX), with significant options activity detected. The majority of the trades are calls, indicating a positive outlook. Analysts have mixed ratings, with target prices ranging from $104 to $142.
August 15, 2024 | 4:31 pm
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Deep-pocketed investors are showing a bullish sentiment towards RTX, with significant options activity detected. The majority of the trades are calls, indicating a positive outlook. Analysts have mixed ratings, with target prices ranging from $104 to $142.
The significant options activity, particularly the high volume of call options, suggests that large investors are expecting RTX's stock price to rise. This is further supported by the mixed but generally positive analyst ratings, with target prices higher than the current trading price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100