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Jefferies Reaffirms Their Hold Rating on Raytheon Technologies (RTX)

Jefferies analyst Sheila Kahyaoglu maintained a Hold rating on Raytheon Technologies (RTXResearch Report) today and set a price target of $100.00. The company’s shares closed yesterday at $97.55.

According to TipRanks, Kahyaoglu is a 5-star analyst with an average return of 9.3% and a 62.42% success rate. Kahyaoglu covers the Industrials sector, focusing on stocks such as Boeing, General Electric, and Booz Allen.

In addition to Jefferies, Raytheon Technologies also received a Hold from Barclays’s David E. Strauss in a report issued on March 22. However, today, Wells Fargo maintained a Buy rating on Raytheon Technologies (NYSE: RTX).

The company has a one-year high of $102.12 and a one-year low of $67.61. Currently, Raytheon Technologies has an average volume of 8.18M.

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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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