There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Raytheon Technologies (RTX – Research Report) and HubSpot (HUBS – Research Report) with bullish sentiments.
Raytheon Technologies (RTX)
Cowen & Co. analyst Cai von Rumohr maintained a Buy rating on Raytheon Technologies today and set a price target of $120.00. The company’s shares closed last Friday at $97.57.
According to TipRanks.com, Rumohr is a 4-star analyst with an average return of
Raytheon Technologies has an analyst consensus of Strong Buy, with a price target consensus of $104.00.
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In a report released today, Joshua Reilly from Needham maintained a Buy rating on HubSpot, with a price target of $380.00. The company’s shares closed last Friday at $291.14, close to its 52-week low of $245.03.
According to TipRanks.com, Reilly is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for HubSpot with a $387.00 average price target, implying a 34.8% upside from current levels. In a report issued on November 21, Credit Suisse also initiated coverage with a Buy rating on the stock with a $400.00 price target.
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