In a report released today, David E. Strauss from Barclays maintained a Hold rating on Raytheon Technologies (RTX – Research Report), with a price target of $90.00. The company’s shares closed yesterday at $90.08.
According to TipRanks, E. Strauss is a 3-star analyst with an average return of 1.4% and a 56.36% success rate. E. Strauss covers the Industrials sector, focusing on stocks such as Boeing, Spirit AeroSystems, and Textron.
In addition to Barclays, Raytheon Technologies also received a Hold from Bernstein’s Douglas Harned in a report issued on January 26. However, on January 23, TD Cowen reiterated a Buy rating on Raytheon Technologies (NYSE: RTX).
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The company has a one-year high of $102.79 and a one-year low of $68.05. Currently, Raytheon Technologies has an average volume of 9.01M.
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Raytheon Technologies (RTX) Company Description:
Based in Massachusetts, Raytheon Technologies Corporation, an aerospace and defense company, provides advanced systems and services for commercial, military, and government customers worldwide. The company operates through four business segments, including Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense. The company was formed in April 2020, through the combination of Raytheon company and the United Technologies Corporation aerospace businesses.
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